Legislation
SECTION 1320
Applicability of other provisions
Not-for-Profit Corporation (NPC) CHAPTER 35, ARTICLE 13
§ 1320. Applicability of other provisions.
(a) In additions to articles 1 (Short title; definitions;
application; certificates; miscellaneous) and 3 (Corporate name and
service of process) and the other sections of article 13, the following
provisions, to the extent provided therein, shall apply to a foreign
corporation conducting activities in this state, its directors, officers
and members:
(1) Section 623 (Members' derivative action brought in the right of
the corporation to procure a judgment in its favor).
(2) Sections 721 (Exclusivity of statutory provisions for
indemnification of directors and officers) through 727 (Insurance for
indemnification of directors and officers), inclusive.
(3) Section 906 (Merger or consolidation of domestic and foreign
corporations).
(a) In additions to articles 1 (Short title; definitions;
application; certificates; miscellaneous) and 3 (Corporate name and
service of process) and the other sections of article 13, the following
provisions, to the extent provided therein, shall apply to a foreign
corporation conducting activities in this state, its directors, officers
and members:
(1) Section 623 (Members' derivative action brought in the right of
the corporation to procure a judgment in its favor).
(2) Sections 721 (Exclusivity of statutory provisions for
indemnification of directors and officers) through 727 (Insurance for
indemnification of directors and officers), inclusive.
(3) Section 906 (Merger or consolidation of domestic and foreign
corporations).