Indemnification and Insurance for Directors

Regular price $175.00

This Policy establishes the procedures and terms for indemnification of Bank Directors who are made or threatened to be made parties to any civil or administrative action, suit, proceeding, or investigation by reason of being a Director, and to document Bank's commitment to provide insurance for the protection of its Directors.

This model policy is intended to be modified by the bank to meet its specific organization’s needs.

Materials in this policy were prepared by the Boardman & Clark LLP Banking Group.