[Verse 1] When you join the boardroom table, three pillars hold you steady Care demands your full attention, homework done and meeting ready Due diligence your compass, reasonable judgment your decree Business judgment rule protects you when decisions flow honestly [Chorus] C-L-O, the trinity that guides Care, Loyalty, Obedience by your side Duty calls when shareholders depend Fiduciary bonds that never bend C-L-O, remember what you owe The company's trust wherever you go [Verse 2] Loyalty means conflicts vanish, personal gain takes second seat Corporate opportunity doctrine, company gets first retreat Self-dealing transactions crumble under scrutiny's harsh glare Interested director voting, fairness standards must declare [Chorus] C-L-O, the trinity that guides Care, Loyalty, Obedience by your side Duty calls when shareholders depend Fiduciary bonds that never bend C-L-O, remember what you owe The company's trust wherever you go [Verse 3] Obedience to charter limits, bylaws bind your every move Ultra vires actions forbidden, stay within your corporate groove Waste of assets brings swift judgment, reasonable compensation's test Board resolutions need quorum, proper notice for the rest [Bridge] Derivative suits and D&O coverage Indemnification your privilege Business judgment presumption strong Till gross negligence proves you wrong [Chorus] C-L-O, the trinity that guides Care, Loyalty, Obedience by your side Duty calls when shareholders depend Fiduciary bonds that never bend C-L-O, remember what you owe The company's trust wherever you go [Outro] Board minutes document your wisdom Conflicts disclosed in corporate kingdom Three duties carved in legal stone Fiduciary, you're never alone
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