A corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which he or she was a party because he or she was a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding.
Section: Previous 14-2-850 14-2-851 14-2-852 14-2-853 14-2-854 14-2-855 14-2-856 14-2-857 14-2-858 14-2-859 NextLast modified: October 14, 2016