{"data":{"id":"us-al/ala.-code-10a-2a-8.57","jurisdiction":"us-al","citation":"Ala. Code § 10A-2A-8.57","heading":"Insurance.","body":"A corporation may purchase and maintain insurance on behalf of an individual who is a director or officer of the corporation, or who, while a director or officer of the corporation, serves at the corporation’s request as a director, officer, partner, trustee, employee, or agent of another corporation or foreign corporation or a joint venture, trust, employee benefit plan, or other entity, against liability asserted against or incurred by the individual in that capacity or arising from the individual’s status as a director or officer, regardless of whether the corporation would have power to indemnify or advance expenses to the individual against the same liability under this Division E of this Article 8.","path":["Title 10A Alabama Business and Nonprofit Entities Code.","Chapter 2A Alabama Business Corporation Law.","Article 8 Directors and Officers.","Division E Indemnification and Advance for Expenses."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=10A-2A-8.57","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"799a3c2f9b2ba640934fc69f8fd3e8b9567473e7bd5a6ea34f32fc8ec82f3d68","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-10a-2a-8.56","next":"us-al/ala.-code-10a-2a-8.58"},"notice":"GroundRules: Original legal text. Not legal advice."}