State Law Restrictions. In accordance with the General Corporation Law of the State of Maryland, the Board Member shall not be indemnified and held harmless pursuant to this Section 1 if the substantive and procedural standards for indemnification under such law have not been met.
Appears in 5 contracts
Samples: Indemnification Agreement (Emerging Markets Growth Fund Inc), Administrative Services Agreement (Short-Term Bond Fund of America), Administrative Services Agreement (International Growth & Income Fund, Inc.)
State Law Restrictions. In accordance with the [General Corporation Law of the State of MarylandMaryland][General Laws of the Commonwealth of Massachusetts], the Board Member shall not be indemnified and held harmless pursuant to this Section 1 if the substantive and procedural standards for indemnification under such law have not been met.
Appears in 5 contracts
Samples: Indemnification Agreement (Cash Management Trust of America), Indemnification Agreement (Investment Co of America), Indemnification Agreement (American High Income Trust)
