Indemnification of officers, employees, and agents
HRS §414D-165
in effect414D-165. Indemnification of officers, employees, and agents
(a) An officer of the corporation who is not a director, unless limited by a corporation's articles of incorporation, is entitled to mandatory indemnification under section 414D‑161, and is entitled to apply for court-ordered indemnification under section 414D‑163 in each case, to the same extent as a director.
(b) The corporation, unless limited by a
corporation's articles of incorporation, may indemnify and advance expenses
under this part to an officer, employee, or agent of the corporation who is not
a director to the same extent as to a director.
(c) A corporation may also, unless limited by
a corporation's articles of incorporation, indemnify and advance expenses to an
officer, employee, or agent who is not a director to the extent, consistent
with public policy, that may be provided by its articles of incorporation,
bylaws, general or specific action of its board of directors, or contract.
[L
2001, c 105, pt of §1]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: http://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0414D/HRS_0414D-0165.htmFetched: 11/10/2026