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Kentucky · Snapshot 09/05/2026

KRS 271B.8-580: Application of KRS 271B.8-500 to 271B.8-580.

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    (1) The indemnification and advancement of expenses provided by, or granted pursuant

    to, KRS 271B.8 -500 to 271B.8 -580 shall not be deemed exclusive of any other

    rights to which those seeking indemnification or advancement of expenses may be

    entitled under any bylaw, agreement, vote of shareholders or disinterested directors,

    or otherwise, both as to action in his official capacity and as to action in another

    capacity while holding such office.

    (2) KRS 271B.8 -500 to 271B.8 -580 shall not limit a corporation's pow er to pay or

    reimburse expenses incurred by a director in connection with his appearance as a

    witness at a proceeding at a time when he has not been made a named defendant or

    responded to the proceeding.

    Collected 2026-09-05T20:53:19Z. Source file · JSON

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