In cases where an officer or director has been found guilty of a crime,he/she may be indemnified under voluntary indemnification if:

Question

Quizplus · Accepted Answer

In cases in which the officer or director is found guilty,he may be indemnified under voluntary indemnification if he acted in a manner that he believed not to be opposed to the corporation's best interests and had no reasonable cause to believe his conduct was unlawful.

In Cases Where an Officer or Director Has Been Found