GroundRules
Tex. Business Organizations Code § 22.406: INDEMNIFICATION.
Where this section sits in the code
- BUSINESS ORGANIZATIONS CODE
- TITLE 2. CORPORATIONS
- CHAPTER 22. NONPROFIT CORPORATIONS
- SUBCHAPTER I. CHURCH BENEFITS BOARDS
A church benefits board, or an affiliate wholly owned by the board, may agree to indemnify against damage or risk of loss:
(1) a minister, teacher, employee, trustee, functionary, or director affiliated with the board or a family member, dependent, or beneficiary of one of those persons;
(2) a church or a convention, conference, or association of churches; or
(3) an organization that is controlled by or affiliated with the board or with a church or a convention, conference, or association of churches.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Collected 2026-08-27T01:46:58Z. Source file · JSON