2016 Tennessee Code
Title 48 - Corporations and Associations
Nonprofit Corporations
Chapter 66 - Records and Reports
Part 2 - Reports
§ 48-66-202. Report of indemnification to members.

TN Code § 48-66-202 (2016) What's This?

If a corporation indemnifies or advances expenses to a director under § 48-58-502, § 48-58-503, § 48-58-504 or § 48-58-505 in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to the members with or before the notice of the next meeting of members.

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