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4351 REVIEW DENIED Negligence and breach of fiduciary duty actions against directors and officers of a nonprofit organization based on the claim that they caused the organization to default on its contractual obligations to pay a series of municipal bonds were not covered under a policy that excluded liability for breach of contract, the issuance or endorsement of bonds, and failure to pay on financial instruments.CitationMEDILL v WESTPORT (Bond Default) 143 CA4 819 [See: Waller v Truck 11 C4 1, T/AT 10/95]
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