{"data":{"id":"us-co/c.r.s.-7-129-107","jurisdiction":"us-co","citation":"C.R.S. § 7-129-107","heading":"Indemnification of officers, employees, fiduciaries, and agents.","body":"(1) Unless otherwise provided in the articles of incorporation:\n\n(a) An officer is entitled to mandatory indemnification under section 7-129-103, and is entitled to apply for court-ordered indemnification under section 7-129-105, in each case to the same extent as a director;\n\n(b) A nonprofit corporation may indemnify and advance expenses to an officer, employee, fiduciary, or agent of the nonprofit corporation to the same extent as to a director; and\n\n(c) A nonprofit 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 bylaws, general or specific action of its board of directors or voting members, or contract.","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 129 - Indemnification"],"source_url":"https://olls.info/crs/crs2026-title-07.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"587a65060b0dacf64b7421d19ad14c47859a87770790b5c2ace796b0e225b4a8","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-129-106","next":"us-co/c.r.s.-7-129-108"},"notice":"GroundRules: Original legal text. Not legal advice."}