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NEW JERSEY STATUTES AND CODES
42:2B-10 - Indemnification powers
42:2B-10. Indemnification powers
10. Subject to such standards and restrictions, if any, as are set forth in its operating agreement, a limited liability company may, and shall have the power to, indemnify and hold harmless any member or manager or other person from and against any and all claims and demands whatsoever.
L.1993,c.210,s.10.
10. Subject to such standards and restrictions, if any, as are set forth in its operating agreement, a limited liability company may, and shall have the power to, indemnify and hold harmless any member or manager or other person from and against any and all claims and demands whatsoever.
L.1993,c.210,s.10.
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