{"data":{"id":"us-or/ors-65.407","jurisdiction":"us-or","citation":"ORS 65.407","heading":"Indemnification of officers, employees and agents.","body":"Unless a corporation’s articles of incorporation provide otherwise:\n      (1) An officer of the corporation is entitled to mandatory indemnification under ORS 65.394, and is entitled to apply for court-ordered indemnification under ORS 65.401 in each case, to the same extent as a director under ORS 65.394 and 65.401.\n      (2) The corporation may indemnify and advance expenses under ORS 65.387 to 65.411 an officer, employee or agent of the corporation who is not a director to the same extent as to a director.","path":["02 - Business Organizations, Commercial Code","7. Corporations and Partnerships","Chapter 65 — Nonprofit Corporations"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors065.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"d827071654107e682d1e9dfb4282968c37110afbe2e66701f073e7dafcd7aca8","source_id":"us-or","stale":false,"prev":"us-or/ors-65.404","next":"us-or/ors-65.411"},"notice":"GroundRules: Original legal text. Not legal advice."}
