504.853 Mandatory indemnification.
A corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which the director was a party because the director is or was a director of the corporation against reasonable expenses actually incurred by the director in connection with the proceeding.
2004 Acts, ch 1049, §103, 192
Referred to in §504.854, 504.855, 504.857, 504.1612
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