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    • Legislation USA
    • Code of Alabama
    • Title 10A - Alabama Business and Nonprofit Entities Code.
    • Chapter 2A - Alabama Business Corporation Law.
    • Article 8 - Directors and Officers.
    • Division E - Indemnification and Advance for Expenses.

    Code of Alabama
    Article 8 - Directors and Officers.
    Division E - Indemnification and Advance for Expenses.

    Section 10A-2A-8.50 - Division Definitions. - In this division: (1) "Corporation" includes any domestic or foreign...

    Section 10A-2A-8.51 - Permissible Indemnification. - (a) Except as otherwise provided in this section, a corporation...

    Section 10A-2A-8.52 - Mandatory Indemnification. - A corporation shall indemnify a director who was wholly successful,...

    Section 10A-2A-8.53 - Advance for Expenses. - (a) A corporation may, before final disposition of a proceeding,...

    Section 10A-2A-8.54 - Court-Ordered Indemnification and Advance for Expenses. - (a) A director who is a party to a proceeding...

    Section 10A-2A-8.55 - Determination and Authorization of Indemnification. - (a) A corporation may not indemnify a director under Section...

    Section 10A-2A-8.56 - Indemnification of Officers. - (a) A corporation may indemnify and advance expenses under this...

    Section 10A-2A-8.57 - Insurance. - A corporation may purchase and maintain insurance on behalf of...

    Section 10A-2A-8.58 - Variation by Corporate Action; Application of Division. - (a) A corporation may, by a provision in its certificate...

    Section 10A-2A-8.59 - Exclusivity of Division. - Division A of Article 6 of Chapter 1 shall not...

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