Ky. Rev. Stat. § 271B.8-570
Current through Acts Received April 24, 2024
A corporation may purchase and maintain insurance on behalf of an individual who is or was a director, officer, employee, or agent of the corporation, or who, while a director, officer, employee or agent of the corporation, is or was serving at the request of the corporation as a director, officer, manager, partner, trustee, employee, or agent of another entity, or of an employee benefit plan or other enterprise, against liability asserted against or incurred in that capacity or arising from the status as a director, officer, manager, employee, or agent, whether or not the corporation would have power to indemnify against the same liability under KRS 271B.8-510 or 271B.8-520.
KRS 271B.8-570
Repealed and reenacted 2010, Ky. Acts ch. 51, sec. 66, effective7/15/2010. -- Amended 2007, Ky. Acts ch. 137, sec. 66, effective 6/26/2007. -- Created 1988 Ky. Acts ch. 23, sec. 101, effective 1/1/1989.