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13 chapters · 915 sections in this title.
D.C. Code § 29-406.55 Determination and authorization of indemnification
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(a) A nonprofit corporation shall not indemnify a director under § 29-406.51 unless authorized for a specific proceeding after a determination has been made that indemnification of the director is permissible because the director has met the relevant standard of conduct set forth…
D.C. Code § 29-406.56 Indemnification of officers
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(a) A nonprofit corporation may indemnify and advance expenses under this part to an officer of the corporation who is a party to a proceeding because he or she is or was an officer of the corporation: (1) To the same extent as a director; and (2) If he or she is an officer but n…
D.C. Code § 29-406.57 Insurance
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A nonprofit corporation may purchase insurance on behalf of an individual who is or was a director or officer of the corporation, or who, while a director or officer of the corporation, serves or served at the corporation’s request as a director, officer, partner, trustee, employ…
D.C. Code § 29-406.58 Variation of indemnification
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(a) A nonprofit corporation may, by a provision in its articles of incorporation or bylaws or in a resolution adopted or a contract approved by its board of directors or members, obligate itself in advance of the act or omission giving rise to a proceeding to provide indemnificat…
