GroundRules
← Search the law
Kentucky · Snapshot 09/05/2026

KRS 271B.8-520: Mandatory indemnification.

Read at publisher ↗
Where this section sits in the code

    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 he was a party because he is or was a director of the corporation aga inst

    reasonable expenses incurred by him in connection with the proceeding.

    Collected 2026-09-05T20:53:19Z. Source file · JSON

    Browse this collection