(a) Subject to such standards and restrictions, if any, as are set forth in the governing instrument of a statutory trust, a statutory trust shall have the power to indemnify and hold harmless any trustee or beneficial owner or other person from and against any and all claims and demands whatsoever.
(b) The absence of a provision for indemnity in the governing instrument of a statutory trust shall not be construed to deprive any trustee or beneficial owner or other person of any right to indemnity which is otherwise available to such person under the laws of this State.
Structure Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
Chapter 38. TREATMENT OF DELAWARE STATUTORY TRUSTS
Subchapter I. Domestic Statutory Trusts
§ 3802. Contributions by beneficial owners.
§ 3803. Liability of beneficial owners and trustees.
§ 3805. Rights of beneficial owners and trustees in trust property.
§ 3806. Management of statutory trust.
§ 3807. Trustee in State; registered agent [Effective until Aug. 1, 2023].
§ 3807. Trustee in State; registered agent [Effective Aug. 1, 2023].
§ 3808. Existence of statutory trust.
§ 3809. Applicability of trust law.
§ 3810. Certificate of trust; amendment; restatement; cancellation.
§ 3812. Filing of certificate.
§ 3813. Fees [Effective until Aug. 1, 2023].
§ 3813. Fees [Effective Aug. 1, 2023].
§ 3814. Use of names regulated.
§ 3815. Merger and consolidation.
§ 3819. Access to and confidentiality of information; records.
§ 3820. Conversion of other business entities to a statutory trust.
§ 3821. Conversion of a statutory trust.
§ 3822. Domestication of non-United States entities.
§ 3823. Transfer or continuance of domestic statutory trusts.
§ 3824. Judicial cancellation of certificate of trust; proceedings.
§ 3825. Division of a statutory trust.
§ 3826. Document form, signature and delivery.
§ 3828. Construction and application of chapter and governing instrument.