Guam § 87118 - Indemnification.
Full text of Guam Guam Code Annotated § 87118 — Indemnification., with citation guidance and answers to common questions.
§ 87118. Indemnification.
The Corporation shall indemnify any Trustee, Administrator,
officer, staff person, or former Trustee, Administrator, officer or staff
person who may have served at its request as a Trustee, Administrator or
officer of the Corporation, in whole or in part, in connection in the
defense of any action, suit, proceedings, civil or criminal, in which the
person is made a party by reason of affiliation, with the Corporation,
except in relation to matters as to which the person is adjudged in the
action, suit or proceeding to be liable for negligence or criminal
misconduct in the performance of duty to the Corporation; and, to make
other indemnification that is authorized by the Articles of Incorporation,
Bylaws or resolutions adopted after notice by Trustees entitled to vote.
Frequently Asked Questions About Guam § 87118
What does Guam Code Annotated § 87118 cover?
Section 87118 ("Indemnification.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 87118?
A common citation format is "Guam Code Annotated § 87118" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 87118 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.