§ 23B.08.580. Insurance
A corporation may purchase and maintain insurance on behalf of an individual who is or was a director, officer, employee, or agent of the corporation, or who, while a director, officer, employee, or agent of the corporation, is or was serving at the request of the corporation as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, joint venture, trust, employee benefit plan, or other enterprise, against liability asserted against or incurred by the individual in that capacity or arising from the individual's status as a director, officer, employee, or agent, whether or not the corporation would have power to indemnify the individual against the same liability under RCW 23B.08.510 or 23B.08.520.
[1989 c 165 § 113.]
Sections: Previous 23B.08.500 23B.08.510 23B.08.520 23B.08.530 23B.08.540 23B.08.550 23B.08.560 23B.08.570 23B.08.580 23B.08.590 23B.08.600 23B.08.700 23B.08.710 23B.08.720 23B.08.730 NextLast modified: April 7, 2009