GroundRules
Ala. Code § 10A-5A-4.10: Indemnification, Advancement, Reimbursement, and Insurance.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 5A Alabama Limited Liability Company Law of 2014.
- Article 4 Relations of Members to Each Other and to the Limited Liability Company.
A limited liability company, or a series thereof, may indemnify and hold harmless a member or other person, pay in advance or reimburse expenses incurred by a member or other person, and purchase and maintain insurance on behalf of a member or other person.
Collected 2026-09-03T14:01:53Z. Source file · JSON