{"data":{"id":"us-ar/ark.-code-ann.-4-33-857","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-33-857","heading":"Insurance.","body":"A corporation may purchase and maintain insurance on behalf of an individual who is or was a director, officer, employee, or agent of the corporation, or who, while a director, officer, employee, or agent of the corporation, is or was serving at the request of the corporation as a director, officer, partner, trustee, employee, or agent of another foreign or domestic business or nonprofit corporation, partnership, joint venture, trust, employee benefit plan, or other enterprise, against liability asserted against or incurred by him or her in that capacity or arising from his or her status as a director, officer, employee, or agent, whether or not the corporation would have power to indemnify the person against the same liability under § 4-33-851 or § 4-33-852.","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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"9c4c256df46ea3097b14d01a5bbf8e85ce200f869be594186c06fcba306a7a31","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-33-856","next":"us-ar/ark.-code-ann.-4-33-858"},"notice":"GroundRules: Original legal text. Not legal advice."}