Arkansas · Snapshot Arkansas Code Release 78 (2020-11), retrieved 2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended

Ark. Code Ann. § 4-33-852: Mandatory indemnification.

Read at publisher ↗

Where this section sits in the code

Title 4 Business and Commercial Law
Subtitle 3. Corporations and Associations
Chapter 33 The Arkansas Nonprofit Corporation Act of 1993
Subchapter 8 — Directors and Officers
Part E — Indemnification

Unless limited by its articles of incorporation, 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 is or was a director of the corporation against reasonable expenses actually incurred by the director in connection with the proceeding.

Collected 2026-09-17T21:07:03Z. Source file · JSON

Browse this collection