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NEW HAMPSHIRE STATUTES AND CODES

Section 293-A:8.56 Indemnification of Officers, Employees, and Agents.

Unless a corporation's articles of incorporation provide otherwise:
      (1) an officer of the corporation who is not a director is entitled to mandatory indemnification under RSA 293-A:8.52, and is entitled to apply for court-ordered indemnification under RSA 293-A:8.54, in each case to the same extent as a director;
      (2) the corporation may indemnify and advance expenses under this subdivision to an officer, employee or agent of the corporation who is not a director, to the same extent as to a director; and
      (3) a corporation may also indemnify and advance expenses to an officer, employee, or agent who is not a director to the extent, consistent with public policy, that may be provided by its articles of incorporation, bylaws, general or specific action of its board of directors, or contract.

Source. 1992, 255:1, eff. Jan. 1, 1993.

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