Skip to content

Commit

Permalink
text clarification of indemnification section
Browse files Browse the repository at this point in the history
  • Loading branch information
ebullient committed May 30, 2024
1 parent afee537 commit 59bdda9
Showing 1 changed file with 1 addition and 1 deletion.
2 changes: 1 addition & 1 deletion bylaws/7-indemnification-dissolution.md
Original file line number Diff line number Diff line change
Expand Up @@ -38,7 +38,7 @@ This indemnification extends to all reasonable expenses (including attorneys’
(1) acted in good faith and in a manner they reasonably believed to be consistent with the best interests of the Foundation, and
(2) had no reason to believe their conduct was unlawful, in the case of criminal matters.

This indemnification does not extend to a person who is found liable in an action by the Foundation, or in right of the Foundation.
This indemnification does not extend to a person who is found liable to the Foundation in an action brought by the Foundation, or to enforce the Foundation's rights.
Otherwise, the outcome of an action will not alone create a presumption that a person did not act in good faith, in the best interests of the Foundation, or with lawful intent.

Relevant Florida Statutes:
Expand Down

0 comments on commit 59bdda9

Please sign in to comment.