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Indemnification of Administrators and Officers in By-product Serves Lender may possibly provide to possess indemnification regarding administrators, officials, and you can professionals
Indemnification away from Directors and you will Officers Financial could possibly get, for the pursuance of the rights while the a collector, allow for indemnification out of a financial worker just who serves as a good director of a debtor enterprise in the process of a chapter X reorganization. OCC Interpretive Page old August 2, 1977 [1978-1979 Transfer Binder] Provided. Read more “Indemnification of Administrators and Officers in By-product Serves Lender may possibly provide to possess indemnification regarding administrators, officials, and you can professionals”