Indemnification

Tex. Business Organizations Code § 22.406, under Chapter 22.

Tex. Business Organizations Code § 22.406

Sec. 22.406. INDEMNIFICATION. A church benefits board, or an affiliate wholly owned by the board, may agree to indemnify against damage or risk of loss: (1) a minister, teacher, employee, trustee, functionary, or director affiliated with the board or a family member, dependent, or beneficiary of one of those persons; (2) a church or a convention, conference, or association of churches; or (3) an organization that is controlled by or affiliated with the board or with a church or a convention, conference, or association of churches. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.