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When may a Delaware corporation indemnify or advance expenses?

Section 145 permits indemnification when its conduct standards are met and permits advancement on an undertaking to repay if indemnification is unavailable.

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Source

Source
8 Del. C. § 145
Source
Delaware Code Online
Area
Corporate governance
Source type
statute
Status
In force at the reading date
Authority
Delaware Secretary of State
Checked
2026-09-22

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