{"data":{"id":"us-wa/rcw-25.15.041","jurisdiction":"us-wa","citation":"RCW 25.15.041","heading":"Indemnification.","body":"(1) A limited liability company may indemnify any member or manager from and against any judgments, settlements, penalties, fines, or expenses incurred in a proceeding or obligate itself to advance or reimburse expenses incurred in a proceeding to which a person is a party because such person is, or was, a member or a manager, provided that no such indemnity shall indemnify a member or a manager from or on account of acts or omissions of the member or manager finally adjudged to be intentional misconduct or a knowing violation of law by the member or manager, or conduct of the member or manager adjudged to be in violation of RCW 25.15.231.\n(2) A limited liability company may indemnify and advance expenses under subsection (1) of this section to an officer, employee, or agent of the limited liability company who is not a member or manager to the same extent as to a member or manager.\n(3) For purposes of this section:\n(a) \"Expenses\" include counsel fees.\n(b) \"Party\" includes a person who was, is, or is threatened to be made a named defendant or respondent in a proceeding.\n(c) \"Proceeding\" means any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal, administrative, or investigative and whether formal or informal.","path":["Title 25","Chapter 25.15"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=25.15.041","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T01:40:49Z","sha256":"ef99453b6e5b2a112c93d634b716f224fc51f57af266911b90d84e348aef9791","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-25.15.038","next":"us-wa/rcw-25.15.046"},"notice":"GroundRules: Original legal text. Not legal advice."}