IC 28-13-13 – Indemnification of Directors | Midpage

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Indiana Code

Chapter 13

IC 28-13-13

Indemnification of Directors

1"Corporation" defined 2"Director" defined; scope of term 3"Expenses" defined 4"Liability" defined 5"Official capacity" defined; scope of term 6"Party" defined 7"Proceeding" defined 8Conditional indemnification of director against liability 9Mandatory indemnification of director for expenses of successful defense of proceeding 10Advancement of expenses before final disposition of proceeding; conditions; procedure 11Court ordered indemnification; determination 12Standards for conditional determinations and authorizations; procedure 13Indemnification of corporate officers and employees other than directors 14Liability insurance purchased and maintained by corporation 15Limitation of remedies; effect of chapter