Ala. Code § 10A-3A-8.52: Permitted Mandatory Indemnification.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 3A Alabama Nonprofit Corporation Law.
- Article 8 Directors and Officers.
- Division E Indemnification and Advancement of Expenses.
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.
Collected 2026-09-03T14:01:54Z. Source file · JSON