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URL:http://alisondb.legislature.state.al.us/alison/CodeOfAlabama
/1975/10A-5A-4.10.htm
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Modified:2015-06-10 14:33:48
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Title:10A-5A-4.10
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Body:Section 10A-5A-4.10

Indemnification, advancement, reimbursement, and insurance.

A limited liability company, or a series thereof, may indemnify and hold harmless a member or other person, pay in advance or reimburse expenses incurred by a member or other person, and purchase and maintain insurance on behalf of a member or other person.

(Act 2014-144, p. 265, ยง1.)