A director shall be fully protected in relying in good faith upon the books of account of the corporation or statements prepared by any of its officials as to the value and amount of the assets, liabilities and/or net profits of the corporation, or any other facts pertinent to the existence and amount of surplus or other funds from which dividends might be properly declared and paid.
U.S. Virgin Islands Legal Code
116
U.S. Virgin Islands § 116 — U.S. Virgin Islands law