§10A-5A-4.10. Indemnification, advancement, reimbursement, and insurance.  


Latest version.
  • A limited liability company, or a series thereof, may indemnify and hold harmless a member or other person, pay in advance or reimburse expenses incurred by a member or other person, and purchase and maintain insurance on behalf of a member or other person.

(Act 2014-144, §1.)