{"data":{"id":"us-ut/utah-code-16-6a-904","jurisdiction":"us-ut","citation":"Utah Code § 16-6a-904","heading":"Advance of expenses for directors.","body":"(1) A nonprofit corporation may pay for or reimburse the reasonable expenses incurred by a director who is a party to a proceeding in advance of final disposition of the proceeding if:\n(a) the director furnishes the nonprofit corporation a written affirmation of the director's good faith belief that the director has met the applicable standard of conduct described in Section 16-6a-902;\n(b) the director furnishes the nonprofit corporation a written undertaking, executed personally or on the director's behalf, to repay the advance, if it is ultimately determined that the director did not meet the standard of conduct; and\n(c) a determination is made that the facts then known to those making the determination would not preclude indemnification under this part.\n(2) The undertaking required by Subsection (1)(b):\n(a) shall be an unlimited general obligation of the director;\n(b) need not be secured; and\n(c) may be accepted without reference to financial ability to make repayment.\n(3) Determinations and authorizations of payments under this section shall be made in the manner specified in Section 16-6a-906.","path":["Title 16 Corporations","Chapter 16-6a Utah Revised Nonprofit Corporation Act","Part 16-6a-9 Indemnification"],"source_url":"https://le.utah.gov/xcode/Title16/Chapter6a/16-6a-S904.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"7ed68cea16f17d57e31e1dbc2c88e748bddf9277081dfa82b4644b0afaad3a21","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-16-6a-903","next":"us-ut/utah-code-16-6a-905"},"notice":"GroundRules: Original legal text. Not legal advice."}
