3.10.1 Authority to Indemnify

• Jurisdiction: Arizona

§ 3.10.1 Authority to Indemnify

A.R.S. § 10-3851 allows a corporation to indemnify an individual sued because either:

1. The individual is or was a director and (1) the individual’s conduct was in good faith, (2) the individual reasonably believed that, in the case of conduct in an official capacity, the conduct was in the corporation’s best interest, or, in the case of conduct other than in an official capacity, that the conduct was not opposed to the corporation’s best interests, and (3) in the case of

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