{"data":{"id":"us-va/va.-code-13.1-702","jurisdiction":"us-va","citation":"Va. Code § 13.1-702","heading":"Advance for expenses and indemnification for officers","body":"Unless limited by a corporation's articles of incorporation:1. An officer of the corporation who is a party to a proceeding because he is an officer is entitled to mandatory indemnification under § 13.1-698 and is entitled to apply for court-ordered advance or reimbursement of expenses and indemnification under § 13.1-700.1, in each case to the same extent as a director; and2. The corporation may indemnify and advance expenses under this article to an officer who is a party to a proceeding because the individual is an officer to the same extent as to a director.Code 1950, § 13.1-3.1; 1968, c. 570; 1975, c. 500; 1979, c. 99; 1985, c. 522; 2005, c. 765; 2019, c. 734.","path":["Title 13.1. Corporations","Chapter 9. Virginia Stock Corporation Act","Article 10. Indemnification"],"source_url":"https://law.lis.virginia.gov/vacode/13.1-702/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:14:14Z","sha256":"d0a74370ab27c988efa79b92cea272cf95910ed62de17d2780bb2f04d527a2a9","source_id":"us-va","stale":true,"prev":"us-va/va.-code-13.1-701","next":"us-va/va.-code-13.1-703"},"notice":"GroundRules: Original legal text. Not legal advice."}