GroundRules
Ala. Code § 10A-2A-8.52: Mandatory Indemnification.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 2A Alabama Business Corporation Law.
- Article 8 Directors and Officers.
- Division E Indemnification and Advance for Expenses.
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 he or she was a director of the corporation against expenses incurred by the director in connection with the proceeding.
Collected 2026-09-03T14:01:53Z. Source file · JSON