Indiana Statutes

§ 28-13-13-13 — Indemnification of corporate officers and employees other than directors

Indiana § 28-13-13-13
JurisdictionIndiana
Art. 13CORPORATE GOVERNANCE
Ch. 13Indemnification of Directors

This text of Indiana § 28-13-13-13 (Indemnification of corporate officers and employees other than directors) 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 § 28-13-13-13 (2026).

Text

The following apply unless a corporation's articles of incorporation provide otherwise:

(1)An officer of the corporation, whether or not a director, is entitled to mandatory indemnification under section 9 of this chapter and is entitled to apply for court-ordered indemnification under section 11 of this chapter, in each case to the same extent as a director.
(2)The corporation may indemnify and advance expenses under this chapter to an officer, employee, or agent of the corporation, whether or not a director, to the same extent as to a director.
(3)A corporation may also indemnify and advance expenses to an officer, employee, or agent, whether or not a director, to the extent, consistent with public policy, that may be provided by the corporation's articles of incorporation, bylaws, ge

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Legislative History

As added by P.L.14-1992, SEC.163.

Nearby Sections

15
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Bluebook (online)
Indiana § 28-13-13-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-13-13-13.