[414D-307] Report of indemnification to members. If a corporation indemnifies or advances expenses to a director under sections 414D‑160 to 414D‑163, in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to the members with or before the notice of the next meeting of members. [L 2001, c 105, pt of 1]

 

Previous Vol08_Ch0401-0429 Next