KRS 271B.8-580: Application of KRS 271B.8-500 to 271B.8-580.
Where this section sits in the code
(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