Indiana Statutes
§ 23-17-27-7 — Indemnification or advance of expenses to director; report to members
Indiana § 23-17-27-7
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 17NONPROFIT CORPORATIONS
Ch. 27Records and Reports
This text of Indiana § 23-17-27-7 (Indemnification or advance of expenses to director; report to members) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 23-17-27-7 (2026).
Text
If a corporation indemnifies or advances
expenses to a director under IC 23-17-16-1 through IC 23-17-16-11 in
connection with a proceeding by or in the right of the corporation, the
corporation shall report the indemnification or advance in writing to the
members with or before the notice of the next meeting of members.
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Legislative History
As added by P.L.179-1991, SEC.1.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-17-27-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-17-27-7.