17 CFR 229.702 – (Item 702) Indemnification of directors and officers
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State the general effect of any statute, charter provisions, by-laws, contract or other arrangements under which any controlling persons, director or officer of the registrant is insured or indemnified in any manner against liability which he may incur in his capacity as such.
Terms Used In 17 CFR 229.702
- Contract: A legal written agreement that becomes binding when signed.
- Statute: A law passed by a legislature.