{"data":{"id":"us-ar/ark.-code-ann.-4-33-856","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-33-856","heading":"Indemnification of officers, employees and agents.","body":"Unless limited by a corporation's articles of incorporation:\n(1) an officer of the corporation who is not a director is entitled to mandatory indemnification under § 4-33-852, and is entitled to apply for court-ordered indemnification under § 4-33-854 in each case, to the same extent as a director;\n(2) the corporation may indemnify and advance expenses under this part to an officer, employee, or agent of the corporation who is not a director to the same extent as to a director; and\n(3) a corporation may also indemnify and advance expenses to an officer, employee, or agent who is not a director to the extent, consistent with public policy, that may be provided by its articles of incorporation, bylaws, general or specific action of its board of directors, or contract.","path":["Title 4 Business and Commercial Law","Subtitle 3. Corporations and Associations","Chapter 33 The Arkansas Nonprofit Corporation Act of 1993","Subchapter 8 — Directors and Officers","Part E — Indemnification"],"source_url":"https://archive.org/download/gov.ar.code/release78.2020.11.06/gov.ar.code.title.04.odt","current_through":"2020-11-06","vintage":"Arkansas Code Release 78 (2020-11), retrieved 2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended","retrieved_at":"2026-09-17T21:07:03Z","sha256":"8cab0be42d9cf5810b6a392f7a344d3a86b9f49627c207bf3cab4f58bd41bfb2","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-33-855","next":"us-ar/ark.-code-ann.-4-33-857"},"notice":"GroundRules: Original legal text. Not legal advice."}
