612 Indemnification
The Cooperative shall indemnify and hold harmless its present and former directors and officers, including the General Manager/Chief Executive Officer -- and may but shall not be obligated to so indemnify and hold harmless one or more of its present and former agents and other employees -- against actual expenses including attorney’s fees, because of their position with the Cooperative or because of any act or omission in connection with their relationship to the Cooperative in such position, to the maximum extent allowable by law, including and subject to the indemnification allowed under N.D.C.C. § 10-15-03(10). However, such indemnification shall not be construed to waive any immunity granted under state law, including but not limited to the immunity granted under N.D.C.C. § 10-15-31.