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Current as of January 01, 2025 | Updated by Findlaw Staff
Section 12377 governs any proposed indemnification by a subject corporation after January 1, 1984, whether the events upon which the indemnification is based occurred before or after January 1, 1984. Any statement relating to indemnification contained in the articles or bylaws of a subject corporation shall not be construed as limiting the indemnification permitted by Section 12377, unless it is expressly stated as so intended.
Cite this article: FindLaw.com - California Code, Corporations Code - CORP § 12695 - last updated January 01, 2025 | https://codes.findlaw.com/ca/corporations-code/corp-sect-12695/
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