- § 14-2-850 - Part Definitions
As used in this part, the term: (1) "Corporation" includes any domestic or foreign predecessor entity of a corporation in a merger or other...
- § 14-2-851 - Authority to Indemnify
(a) Except as otherwise provided in this Code section, a corporation may indemnify an individual who is a party to a proceeding because he...
- § 14-2-852 - Mandatory Indemnification
A corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which he...
- § 14-2-853 - Advance for Expenses
(a) A corporation may, before final disposition of a proceeding, advance funds to pay for or reimburse the reasonable expenses incurred by a director...
- § 14-2-854 - Court Ordered Indemnification and Advances for Expenses
(a) A director who is a party to a proceeding because he or she is a director may apply for indemnification or advance for...
- § 14-2-855 - Determination and Authorization of Indemnification
(a) A corporation may not indemnify a director under Code Section 14-2-851 unless authorized thereunder and a determination has been made for a specific...
- § 14-2-856 - Shareholder Approved Indemnification
(a) If authorized by the articles of incorporation or a bylaw, contract, or resolution approved or ratified by the shareholders by a majority of...
- § 14-2-857 - Indemnification of Officers, Employees, and Agents
(a) A corporation may indemnify and advance expenses under this part to an officer of the corporation who is a party to a proceeding...
- § 14-2-858 - Insurance
A corporation may purchase and maintain insurance on behalf of an individual who is a director, officer, employee, or agent of the corporation or...
- § 14-2-859 - Application of Part
(a) A corporation may, by a provision in its articles of incorporation or bylaws or in a resolution adopted or a contract approved by...
Last modified: October 14, 2016