Can a company indemnify a director?

Companies can agree to indemnify their directors and officers for liability incurred by them in their capacity. A company's constitution usually sets out indemnification rights for directors and officers and provides for D&O Insurance.

What is Section 56 7 1 of the New Mexico statutes?

A provision in a construction contract that requires one party to the contract to indemnify, hold harmless, insure or defend the other party to the contract, including the other party's employees or agents, against liability, claims, damages, losses or expenses, including attorney fees, arising out of bodily injury to ...

US Legal Forms
Spec Forms
New Mexico
Directors and Officers Indemnity Trust

New Mexico Directors and Officers Indemnity Trust

Q: What is the statute of limitations for defamation in New Mexico?

In New Mexico, the state&#039;s civil statute of limitations is three years for personal injury or defamation and four years for injury to personal property and most other civil claims. New Mexico&#039;s criminal statute of limitations ranges from three to six years for felonies and one to two years for misdemeanors.

Category:

Corporations - Public - Indemnification

State:

Multi-State

Control #:

US-CC-17-105G

Format:

Instant download

Description

This sample form, a detailed Directors and Offiers Indemnity Trust, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.

Vermont Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

View this form

Virginia Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

View this form

Washington Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

View this form

West Virginia Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

View this form

Wisconsin Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

View this form

Future Products

View this form

Grant Deed - Two Individuals to a Trust

View this form

Underground Storage Lease and Agreement

View this form

Bylaws of a Cooperative Association of Con...

View this form

How to fill out Directors And Officers Indemnity Trust?

Discovering the right lawful document template can be a have difficulties. Obviously, there are a variety of web templates accessible on the Internet, but how will you obtain the lawful type you want? Utilize the US Legal Forms internet site. The support delivers thousands of web templates, such as the New Mexico Directors and Officers Indemnity Trust, that can be used for enterprise and personal needs. Each of the types are checked by professionals and satisfy federal and state specifications.

Should you be currently registered, log in in your accounts and click the Download button to obtain the New Mexico Directors and Officers Indemnity Trust. Make use of accounts to search with the lawful types you have ordered formerly. Check out the My Forms tab of your own accounts and obtain yet another version in the document you want.

Should you be a brand new consumer of US Legal Forms, listed below are easy recommendations for you to stick to:

Initially, make sure you have selected the correct type for the city/area. You can check out the form using the Preview button and browse the form description to ensure it will be the right one for you.
In case the type does not satisfy your expectations, take advantage of the Seach discipline to obtain the correct type.
Once you are certain the form is acceptable, click the Acquire now button to obtain the type.
Pick the rates prepare you want and type in the needed information. Create your accounts and buy the order making use of your PayPal accounts or bank card.
Select the file file format and obtain the lawful document template in your product.
Total, change and print and indicator the acquired New Mexico Directors and Officers Indemnity Trust.

US Legal Forms is definitely the biggest local library of lawful types where you can discover numerous document web templates. Utilize the company to obtain professionally-manufactured paperwork that stick to express specifications.

Form popularity

FAQ

(1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it.

In New Mexico, the state's civil statute of limitations is three years for personal injury or defamation and four years for injury to personal property and most other civil claims. New Mexico's criminal statute of limitations ranges from three to six years for felonies and one to two years for misdemeanors.

Companies can agree to indemnify their directors and officers for liability incurred by them in their capacity. A company's constitution usually sets out indemnification rights for directors and officers and provides for D&O Insurance.

The New Mexico Oilfield Anti-Indemnity Act (NMOAIA) voids indemnity agreements that purport to indemnify a party against liability for damages caused by the party's own negligence.

A provision in a construction contract that requires one party to the contract to indemnify, hold harmless, insure or defend the other party to the contract, including the other party's employees or agents, against liability, claims, damages, losses or expenses, including attorney fees, arising out of bodily injury to ...