Tennessee · Tennessee Code — full code (public domain; via Open US Law, CC BY 4.0)
Tenn. Code § 48-58-502: Tenn. Code Ann. § 48-58-502
What this law says, in plain English
Tennessee law permits corporations to indemnify directors against liability in legal proceedings when the director acted in good faith and reasonably believed their conduct served the corporation's interests, subject to stated exceptions.
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