Delaware Statutes

§ 18-108 — Indemnification

Delaware·Title 6·Ch. 18 LIMITED LIABILITY COMPANY ACT·Subch. General Provisions
Subject to such standards and restrictions, if any, as are set forth in its limited liability company agreement, a limited liability company may, and shall have the power to, indemnify and hold harmless any member or manager or other person from and against any and all claims and demands whatsoever.

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Legislative History

68 Del. Laws, c. 434, § 1

Nearby Sections

15
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