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Unless limited by a corporation's articles of incorporation: 1. An officer of the corporation is entitled to mandatory indemnification under § 13.1-698 , and is entitled to apply for court-ordered indemnification under § 13.1-698 , in each case to the same extent as a director; and 2. The corporation may indemnify and advance expenses under this article to an officer of the corporation to the same extent as to a director. Code 1950, § 13.1-3.1; 1968, c. 570; 1975, c. 500; 1979, c. 99; 1985, c. 522; 2005, c. 13.1-698 .
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