Sec. 4. As used in this chapter, "liability" means the obligation to pay a judgment, settlement, penalty, fine, including an excise tax assessed with respect to an employee benefit plan, or reasonable expenses actually incurred with respect to a proceeding.
As added by P.L.179-1991, SEC.1.
Structure Indiana Code
Title 23. Business and Other Associations
Article 17. Nonprofit Corporations
23-17-16-1. Corporation Defined
23-17-16-3. Expenses as Including Attorney's Fees
23-17-16-5. Official Capacity Defined
23-17-16-7. Proceeding Defined
23-17-16-9. Director Wholly Successful in Defense of Proceeding
23-17-16-10. Reasonable Expense Payments in Advance of Final Disposition
23-17-16-11. Application to Court; Grounds for Ordering Indemnification
23-17-16-13. Indemnification of Officers, Employees, and Agents
23-17-16-14. Purchase of Insurance
23-17-16-15. Other Rights to Indemnification; Reimbursement of Expenses of Appearing as Witness