Utah Code » Title 16, Chapter 10a — Utah Revised Business Corporation Act; part 16-10a-9 — Indemnification
Utah Code

Utah Code § 16-10a-908 (2026)

Insurance

✓ laws through the 2026 General Session (checked Sept. 2026)
Find cases: SyfertCases citing this section UT-LEGle.utah.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar

A corporation may purchase and maintain liability insurance on behalf of a person who is or was a director, officer, employee, fiduciary, or agent of the corporation, or who, while serving as a director, officer, employee, fiduciary, or agent of the corporation, is or was serving at the request of the corporation as a director, officer, partner, trustee, employee, fiduciary, or agent of another foreign or domestic corporation or other person, or of an employee benefit plan, against liability asserted against or incurred by the person in that capacity or arising from the person's status as a director, officer, employee, fiduciary, or agent, whether or not the corporation would have power to indemnify the person against the same liability under Section

16-10a-902

,

16-10a-903

, or

16-10a-907

. Insurance may be procured from any insurance company designated by the board of directors, whether the insurance company is formed under the laws of this state or any other jurisdiction of the United States or elsewhere, including any insurance company in which the corporation has an equity or any other interest through stock ownership or otherwise.

Amended by Chapter 302, 2025 General Session

Notes of Decisions
Cited in 1 case, 2013–2013 · leading case: Strohm v. Clearone Commc'ns, Inc., 2013 UT 21, 308 P.3d 424.
Sort: Relevance Newest Treatment
Strohm v. Clearone Commc'ns, Inc., 2013 UT 21, 308 P.3d 424. · cites it 4× “1 Following Strohm's near complete acquittal, Strohm and Dorsey amended their complaint against ClearOne to remove now-moot claims and to add a elaim for mandatory statutory indemnification under Utah Code section 16-10a-908 and -907. 10 Both before and after Strohm's criminal…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.