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