Every elected or appointed village official,
officer, Clerk, Attorney, accountant and the like who shall be sued
in their official capacity for authorized acts performed in behalf
of the village shall be indemnified by the village as against any
judgments and the like obtained against them, and the village shall
authorize payment for such defense against any such lawsuits brought
against them in such official capacity, notwithstanding that such
lawsuits shall have been brought against such person both in his official
capacity and privately. The village may, in the discretion of the
Board of Trustees, establish a reserve fund for the purposes herein
contained.