Sec. 2. As used in this chapter, "director" means an individual who is or was a director of a corporation or an individual who, while a director of a corporation, is or was serving at the corporation's request as a director, officer, partner, member, manager, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan, or other enterprise, whether for profit or not. A director is considered to be serving an employee benefit plan at the corporation's request if the director's duties to the corporation also impose duties on, or otherwise involve services by, the director to the plan or to participants in or beneficiaries of the plan. "Director" includes, unless the context requires otherwise, the estate or personal representative of a director.
As added by P.L.149-1986, SEC.21. Amended by P.L.8-1993, SEC.303.
Structure Indiana Code
Title 23. Business and Other Associations
Article 1. Indiana Business Corporation Law
Chapter 37. Indemnification of Directors, Officers, Employees, and Agents
23-1-37-1. "Corporation" Defined
23-1-37-4. "Liability" Defined
23-1-37-5. "Official Capacity" Defined
23-1-37-7. "Proceeding" Defined
23-1-37-8. Indemnification of Director Against Liability
23-1-37-9. Mandatory Indemnification of Director Against Expenses
23-1-37-10. Reimbursement of Expenses in Advance of Final Disposition
23-1-37-11. Application to Court for Indemnification
23-1-37-12. Authorization of Indemnification
23-1-37-13. Officers, Employees, and Agents; Indemnification and Advance of Expenses
23-1-37-14. Insurance Against Liability
23-1-37-15. Indemnification Rights Under Articles of Incorporation, Bylaws, or Resolutions