Subject to such standards and restrictions, if any, as are set forth in its articles or bylaws, a cooperative may, and shall have the power to, indemnify and hold harmless any member or officer or other person from and against any and all claims and demands whatsoever.
Tenn. Code Ann. § 43-38-121
Indemnification
Known as the Tennessee Processing Cooperative Law
The act spans §§ 43-38-1001 to 43-38-904 (150 sections).
Acts 2004, ch. 534, § 30.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.