{"data":{"id":"us-tn/tenn.-code-ann.-48-18-507","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 48-18-507","heading":"Indemnification of officers, employees, and agents","body":"Unless a corporation's charter provides otherwise:\n(1) An officer of the corporation who is not a director is entitled to mandatory indemnification under § 48-18-503 , and is entitled to apply for court-ordered indemnification under § 48-18-505 , 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 charter, bylaws, general or specific action of its board of directors, or contract.","path":["TN Code","Title 48","Chapter 18"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"da920cc195b111b67cc63b5c7b9777648247e22665e44cda70fe7df11c250e32","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-48-18-506","next":"us-tn/tenn.-code-ann.-48-18-508"},"notice":"GroundRules: Original legal text. Not legal advice."}
