Statutes > Tennessee Statutes > Title 45 - Banks And Financial Institutions > Chapter 2 - Banking Institutions > Part 2 - Organization of Banks > 45-2-211 - Indemnification of officers, directors or employees.

45-2-211 - Indemnification of officers, directors or employees.

45-2-211. Indemnification of officers, directors or employees.

A state bank may provide for indemnification of its officers, directors or employees as provided in the Tennessee Business Corporation Act, compiled in title 48, chs. 11-27.

[Acts 1969, ch. 36, § 1 (3.311); T.C.A., § 45-211; Acts 1980, ch. 549, § 1; 1994, ch. 551, § 7.]