Assertion: fund's director | /r/CapableOf | seek the advice of counsel
Facets:
value: in discharging
type: MANNER
value: in understanding
type: OTHER
Source sentences:
text: the American Bar Association’s view that “[t]he complexities of the Investment Company Act, the nature of the separate responsibilities of independent directors and the inherent conflicts of interest between a mutual fund and its managers effectively require that independent directors seek the advice of counsel in understanding and discharging their special responsibilities.