New Mexico · New Mexico Statutes 1978 — full code (public domain; via Open US Law, CC BY 4.0)
N.M. Stat. § 53-11-4.1: N.M. Stat. § 53-11-4.1
What this law says, in plain English
This statute defines terms and establishes when a corporation may indemnify (reimburse) directors and officers for expenses and liabilities incurred in legal proceedings, provided they acted in good faith and without knowledge of unlawful conduct.
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