10-1621. Other reports to shareholders
If a corporation indemnifies or advances expenses to a director under sections 10-851 through 10-854, the corporation shall report the indemnification or advance in writing to the shareholders with or before the annual financial statements required under section 10-1620. Failure to report under this section does not invalidate otherwise valid indemnification. This section does not apply to a corporation whose shares are listed on a national securities exchange or are regularly traded in a market maintained by one or more members of a national or affiliated securities association.
Section: Previous 10-1530 10-1531 10-1601 10-1602 10-1603 10-1604 10-1620 10-1621 10-1622 10-1623 10-1630 10-1631 10-1632 10-1633 10-1634 NextLast modified: October 13, 2016