15 Pennsylvania Consolidated Statutes § 1743 - Mandatory Indemnification

§ 1743. Mandatory indemnification.

To the extent that a representative of a business corporation has been successful on the merits or otherwise in defense of any action or proceeding referred to in section 1741 (relating to third-party actions) or 1742 (relating to derivative and corporate actions) or in defense of any claim, issue or matter therein, he shall be indemnified against expenses (including attorney fees) actually and reasonably incurred by him in connection therewith.

(Dec. 18, 1992, P.L.1333, No.169, eff. 60 days)

Cross References. Section 1743 is referred to in section 1782 of this title.

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Last modified: October 8, 2016