A nonprofit corporation may indemnify and advance expenses under this part to an officer of the corporation who is a party to a proceeding because he or she is or was an officer of the corporation: To the same extent as a director; and If he or she is an officer but not a director, to such further extent as may be provided by the articles of incorporation, the bylaws, a resolution of the board of directors, or contract, except for: Liability in connection with a proceeding by or in the right of the corporation other than for reasonable expenses incurred in connection with the proceeding; or Liability arising out of conduct that constitutes: Receipt by the officer of a financial benefit to which the officer is not entitled; An intentional infliction of harm on the corporation or the members; or An intentional violation of criminal law. Subsection (a)(2) of this section shall apply to an officer who is also a director if the basis on which he or she is made a party to the proceeding is an act or omission solely as an officer. An officer of a corporation who is not a director shall be entitled to mandatory indemnification under § 29-406.52 , and may apply to a court under § 29-406.54 for indemnification or an advance for expenses, in each case to the same extent to which a director may be entitled to indemnification or advance for expenses under those provisions.
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