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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?

To: stock leader who wrote (177246)4/10/2009 6:39:09 PM
From: mph  Read Replies (1) | Respond to of 225578
 
You have similar benefits as an employee of a company. An employer generally owes its employees indemnification when the employee is sued for matters arising out of his employment. I think it's CA Labor Code Section 2802. Corporations Code Section 317, or thereabouts, covers corporate officers and agents as well.

Fraud, malfeasance, etc. can defeat the indemnification claims.

That's just a broad overview.


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