Corporate Indemnification of Officers

Learn about the definition for this legal term.

What is Corporate Indemnification of Officers?

The corporation has the power to indemnify its management personnel from liability or expenses due to litigation against them in their official capacities.

Related Business Organizations Terms

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
July 2023 Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now