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Form a Business

Exclusivity of Division.

Ala. Code § 10A-2A-8.59
in effect
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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. (Act 2019-94, §1; Act 2021-299, §3; Act 2023-503, §3.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#10A-2A-8.59Fetched: 10/20/2026

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