GroundRules
← Search the law
Utah · Through 2026 General Session

Utah Code § 16-10a-907: Indemnification of officers, employees, fiduciaries, and agents.

Read at publisher ↗
Where this section sits in the code
  1. Title 16 Corporations
  2. Chapter 16-10a Utah Revised Business Corporation Act
  3. Part 16-10a-9 Indemnification

Unless a corporation's articles of incorporation provide otherwise:

(1) an officer of the corporation is entitled to mandatory indemnification under Section 16-10a-903, and is entitled to apply for court-ordered indemnification under Section 16-10a-905, in each case to the same extent as a director;

(2) the corporation may indemnify and advance expenses to an officer, employee, fiduciary, or agent of the corporation to the same extent as to a director; and

(3) a corporation may also indemnify and advance expenses to an officer, employee, fiduciary, or agent who is not a director to a greater extent, if not inconsistent with public policy, and if provided for by its articles of incorporation, bylaws, general or specific action of its board of directors, or contract.

Collected 2026-09-03T11:34:33Z. Source file · JSON

Browse this collection