16-6a-910. Notice to voting
members of indemnification of director.
(1) If a nonprofit corporation indemnifies or advances
expenses to a director under this part in connection with a proceeding by or in
the right of the nonprofit corporation, the nonprofit corporation shall give
written notice of the indemnification or advance to the voting members with or
before the notice of the next voting members' meeting.
(2) If the next voting member action after the
indemnification or advance is taken without a meeting at the instigation of the
board of directors, the notice shall be given to the voting members at or
before the time the first voting member signs a writing consenting to the
action.
Enacted by Chapter 300, 2000 General Session