Alabama Statutes

§ 10A-3A-8.52 — Permitted Mandatory Indemnification

Alabama § 10A-3A-8.52
JurisdictionAlabama
Title 10AAlabama Business and Nonprofit Entities Code
Ch. 3AAlabama Nonprofit Corporation Law
Art. 8Directors and Officers
Div. EIndemnification and Advancement of Expenses

This text of Alabama § 10A-3A-8.52 (Permitted Mandatory Indemnification) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 10A-3A-8.52 (2026).

Text

A nonprofit corporation may provide in its certificate of incorporation or bylaws that the nonprofit corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which the director was a party because the director was a director of the nonprofit corporation against expenses incurred by the director in connection with the proceeding.

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Legislative History

(Act 2023-503, §1.)

Nearby Sections

15
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Bluebook (online)
Alabama § 10A-3A-8.52, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/10A-3A-8.52.