{"data":{"id":"us-mt/35-14-857","jurisdiction":"us-mt","citation":"35-14-857","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 domestic 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 35-14-850 through 35-14-859.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 14. MONTANA BUSINESS CORPORATION ACT","Part 8. Directors and Officers"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0140/part_0080/section_0570/0350-0140-0080-0570.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:28Z","sha256":"4308e9d5966104684aecf6ce72ab7e33cf6b2ca268ad212e21cdb809af5b0c3a","source_id":"us-mt","stale":false,"prev":"us-mt/35-14-856","next":"us-mt/35-14-858"},"notice":"GroundRules: Original legal text. Not legal advice."}