Indemnification of trustee or beneficial owner.

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47-14A-77. Indemnification of trustee or beneficial owner.

Subject to such standards and restrictions, if any, as are set forth in the governing instrument of a business trust, a business trust may indemnify and hold harmless any trustee or beneficial owner or other person from and against any and all claims and demands whatsoever.

Source: SL 2001, ch 245, §77.


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