{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/12.1-15.1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/12.1-15.1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/12.1-15.1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/12.1-15.1.html"}],"law_id":75948,"edition_id":1,"section_id":75948,"structure_id":14330,"section_number":"12.1-15.1","catch_line":"Power to employ counsel for and indemnify employees","history":"1976, c. 341.","full_text":"The Commission shall have the power to retain counsel for and to indemnify its employees and agents who were or are parties or are threatened to be made parties to any threatened, pending or completed action, suit or proceeding whether civil, criminal, administrative, arbitrative or investigative, by reason of the fact that they are or were employees or agents of the Commission or are or were serving at the request of the Commission as directors, officers, employees or agents of another entity, against expenses, including attorney’s fees, reasonably incurred by them in connection with such action, suit or proceeding if the Commission or any court of record to whom the matter shall be submitted shall find the employees or agents acting in good faith and in a manner they reasonably believe to be in the best interest of the duties assigned to them by law or the Commission.","order_by":null,"text":{"0":{"id":272680,"text":"The Commission shall have the power to retain counsel for and to indemnify its employees and agents who were or are parties or are threatened to be made parties to any threatened, pending or completed action, suit or proceeding whether civil, criminal, administrative, arbitrative or investigative, by reason of the fact that they are or were employees or agents of the Commission or are or were serving at the request of the Commission as directors, officers, employees or agents of another entity, against expenses, including attorney’s fees, reasonably incurred by them in connection with such action, suit or proceeding if the Commission or any court of record to whom the matter shall be submitted shall find the employees or agents acting in good faith and in a manner they reasonably believe to be in the best interest of the duties assigned to them by law or the Commission.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14330,"edition_id":1,"name":"Powers and Duties of the Commission","identifier":"3","label":"chapter","depth":2,"order_by":1,"parent_id":14329,"metadata":{},"date_created":"2026-06-26 03:47:46","date_modified":"2026-06-26 03:47:46","permalink":{"id":147339,"object_type":"structure","relational_id":14330,"identifier":"3","token":"12.1\/3","url":"\/12.1\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14329,"edition_id":1,"name":"State Corporation Commission","identifier":"12.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:47:46","date_modified":"2026-06-26 03:47:46","permalink":{"id":147285,"object_type":"structure","relational_id":14329,"identifier":"12.1","token":"12.1","url":"\/12.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":77048,"structure_id":14330,"section_number":"12.1-12","catch_line":"Powers and duties generally","url":"\/12.1-12\/","token":"12.1\/3\/12.1-12","metadata":false},{"id":82300,"structure_id":14330,"section_number":"12.1-13","catch_line":"Commission to have powers of court of record; rules and regulations; fines","url":"\/12.1-13\/","token":"12.1\/3\/12.1-13","metadata":false},{"id":78450,"structure_id":14330,"section_number":"12.1-14","catch_line":"Commission's power to impose penalties does not relieve from other penalties","url":"\/12.1-14\/","token":"12.1\/3\/12.1-14","metadata":false},{"id":55629,"structure_id":14330,"section_number":"12.1-15","catch_line":"Power to compromise and settle; power to waive penalties and charge off delinquent taxes, etc","url":"\/12.1-15\/","token":"12.1\/3\/12.1-15","metadata":false},{"id":75948,"structure_id":14330,"section_number":"12.1-15.1","catch_line":"Power to employ counsel for and indemnify employees","url":"\/12.1-15.1\/","token":"12.1\/3\/12.1-15.1","metadata":false},{"id":65561,"structure_id":14330,"section_number":"12.1-16","catch_line":"Delegation to employees and agents; Commissioner of Financial Institutions and Commissioner of Insurance","url":"\/12.1-16\/","token":"12.1\/3\/12.1-16","metadata":false},{"id":87147,"structure_id":14330,"section_number":"12.1-17","catch_line":"Deposits of funds; means of payment; dishonored payments; receipts for payment","url":"\/12.1-17\/","token":"12.1\/3\/12.1-17","metadata":false}],"previous_section":{"id":55629,"structure_id":14330,"section_number":"12.1-15","catch_line":"Power to compromise and settle; power to waive penalties and charge off delinquent taxes, etc","url":"\/12.1-15\/","token":"12.1\/3\/12.1-15","metadata":false},"next_section":{"id":65561,"structure_id":14330,"section_number":"12.1-16","catch_line":"Delegation to employees and agents; Commissioner of Financial Institutions and Commissioner of Insurance","url":"\/12.1-16\/","token":"12.1\/3\/12.1-16","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/12.1-15.1\/","history_text":"

This law was first created in 1976. The record of its establishment is cataloged in chapter 341 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1976 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":147357,"object_type":"law","relational_id":75948,"identifier":"12.1-15.1","token":"12.1\/3\/12.1-15.1","url":"\/12.1-15.1\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/12.1-15.1\/","token":"12.1\/3\/12.1-15.1","dublin_core":{"Title":"Power to employ counsel for and indemnify employees","Type":"Text","Format":"text\/html","Identifier":"\u00a7 12.1-15.1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The Commission shall have the power to retain counsel<\/span> for and to indemnify its employees and agents who were or are parties or are threatened to be made parties to any threatened, pending or completed action, suit or proceeding whether civil, criminal, administrative, arbitrative or investigative, by reason of the fact<\/span> that they are or were employees or agents of the Commission or are or were serving at the request of the Commission as directors, officers, employees or agents of another entity, against expenses, including attorney’s fees, reasonably incurred by them in connection with such action, suit or proceeding if the Commission or any court<\/span> of record to whom the matter shall be submitted shall find the employees or agents acting in good faith and in a manner they reasonably believe to be in the best interest of the duties assigned to them by law<\/span> or the Commission.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPOWER TO EMPLOY COUNSEL FOR AND INDEMNIFY EMPLOYEES (\u00a7 12.1-15.1)\n\nThe Commission shall have the power to retain counsel for and to indemnify its\nemployees and agents who were or are parties or are threatened to be made\nparties to any threatened, pending or completed action, suit or proceeding\nwhether civil, criminal, administrative, arbitrative or investigative, by reason\nof the fact that they are or were employees or agents of the Commission or are\nor were serving at the request of the Commission as directors, officers,\nemployees or agents of another entity, against expenses, including\nattorney’s fees, reasonably incurred by them in connection with such\naction, suit or proceeding if the Commission or any court of record to whom the\nmatter shall be submitted shall find the employees or agents acting in good\nfaith and in a manner they reasonably believe to be in the best interest of the\nduties assigned to them by law or the Commission.\n\nHISTORY: 1976, c. 341.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}