A corporation shall indemnify a director who was successful, on the merits or otherwise, in the defense of any proceeding to which the director was a party because the director was a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding.
Section: Previous 14-3-850 14-3-851 14-3-852 14-3-853 14-3-854 14-3-855 14-3-856 14-3-857 14-3-858 NextLast modified: October 14, 2016