CNSREIT-AR-2024 Final - Flipbook - Page 31
Maryland law and our organizational documents limit our rights and the rights of our stockholders to recover claims
against our directors and officers, which could reduce your and our recovery against them if they cause us to incur
losses.
Maryland law provides that a director will not have any liability as a director so long as he or she performs his or her
duties in accordance with the applicable standard of conduct. In addition, our charter generally limits the personal liability
of our stockholders, directors and officers for monetary damages subject to the limitations of the North American Securities
Administrators Association9s Statement of Policy Regarding Real Estate Investment Trusts, as revised and adopted on May
7, 2007 (the
