anti-indemnity statute
A law that defines the scope of legal liability that one party may transfer
to another in a contract. Anti-indemnity statutes may prohibit the transfer
of any liability attributable to the transferor's negligence; or, alternatively,
they may prohibit only the transfer of liability arising from the transferor's
sole negligence. In some states, anti-indemnity statutes also limit the ability
of one contracting party to require additional insured status under the other
party's insurance policies. Anti-indemnity statutes are most commonly used to
regulate the risk transfer provisions of construction contracts.
Links for IRMI Online Subscribers Only:
CRM X.D;
CRT IV.K,
IV.P