Code of Alabama - Title 10A: Alabama Business and Nonprofit Entities Code - Section 10A-2A-8.59 - Exclusivity of division. THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2019 REGULAR SESSION, EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT
Section 10A-2A-8.59 - Exclusivity of division.
Notwithstanding Division A of Article 6 of Chapter 1, a corporation may provide indemnification or advance expenses to a director or an officer only as permitted by this Division E of this Article 8.