{"data":{"id":"us-vt/11b-v.s.a.-8.56","jurisdiction":"us-vt","citation":"11B V.S.A. § 8.56","heading":"Indemnification of officers, employees, and agents","body":"Unless limited by a corporation’s articles of incorporation:\n(1) an officer of the corporation who is not a director is entitled to mandatory indemnification under section 8.52 of this title, and is entitled to apply for court-ordered indemnification under section 8.54 of this title, in each case to the same extent as a director;\n(2) the corporation may indemnify and advance expenses under this subchapter to an officer, employee, or agent of the corporation who is not a director to the same extent as 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 articles of incorporation, bylaws, general or specific action of its board of directors, or contract.","path":["Title 11B: Nonprofit Corporations","Chapter 008: Directors and Officers","Subchapter 005: INDEMNIFICATION"],"source_url":"https://legislature.vermont.gov/statutes/fullchapter/11B/008","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:15:57Z","sha256":"66cacf0b8df8cc850fb1eeccc82ecebc5acc86c9b513bec7692a0535c05f59a0","source_id":"us-vt","stale":false,"prev":"us-vt/11b-v.s.a.-8.55","next":"us-vt/11b-v.s.a.-8.57"},"notice":"GroundRules: Original legal text. Not legal advice."}