Ala. Code § 10A-2A-8.59

Current with legislation from 2024 effective through May 17, 2024.

Section 10A-2A-8.59 - Exclusivity of division

A corporation may provide indemnification or advance expenses to a director or an officer only as permitted by this Division E of this Article 8.

Ala. Code § 10A-2A-8.59 (1975)

Amended by Act 2023-503,§ 3, eff. 1/1/2024.

Amended by Act 2021-299,§ 3, eff. 1/1/2022.

Added by Act 2019-94,§ 1, eff. 1/1/2020.