Exclusivity of Division.

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Section 10A-2A-8.59

Exclusivity of division.

THIS SECTION WAS AMENDED BY ACT 2021-299 IN THE 2021 REGULAR SESSION, EFFECTIVE JANUARY 1, 2022. TO SEE THE AMENDED VERSION, SEE THE VERSION LABELED PENDING.

Notwithstanding Division A of Article 6 of Chapter 1, a corporation may provide indemnification or advance expenses to a director or an officer only as permitted by this Division E of this Article 8.

(Act 2019-94, §1.)


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