§ 30-1-131 — Provisions for indemnity in certain contracts; invalidity

(a) All agreements, covenants or promises contained in,
collateral to or affecting any agreement pertaining to any well
for oil, gas or water, or mine for any mineral, which purport to
indemnify the indemnitee against loss or liability for damages
for:
(i) Death or bodily injury to persons;
(ii) Injury to property; or
(iii) Any other loss, damage, or expense arising
under either (i) or (ii) from:
(A) The sole or concurrent negligence of the
indemnitee or the agents or employees of the indemnitee or any
independent contractor who is directly responsible to such
indemnitee; or
(B) From any accident which occurs in operations
carried on at the direction or under the supervision of the
indemnitee or an employee or representative of the indemnitee or
in accordance with methods and means specified by the indemnitee
or employees or representatives of the indemnitee, are against
public policy and are void and unenforceable to the extent that
such contract of indemnity by its terms purports to relieve the
indemnitee from loss or liability for his own negligence. This
provision shall not affect the validity of any insurance
contract or any benefit conferred by the Worker's Compensation
Law of this state.