§ 48-18-503. Mandatory indemnification.

TN Code § 48-18-503 (2019) (N/A)
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Unless limited by its charter, 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 incurred by the director in connection with the proceeding.