Section 10A-5A-4.10
Indemnification, advancement, reimbursement, and insurance.
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, p. 265, §1.)