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Form a Business

Exclusivity of Division.

Ala. Code § 10A-3A-8.59
in effect
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10A-3A-8.59. Exclusivity of Division. A nonprofit corporation may provide indemnification or advance expenses to a director or an officer only as permitted by this Division E of this Article 8. EndFragment (Act 2023-503, §1.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#10A-3A-8.59Fetched: 10/20/2026

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