RS 12:1-852: Mandatory indemnification
Where this section sits in the code
- TITLE 12. CORPORATIONS AND ASSOCIATIONS
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 2026-09-14T04:50:52Z. Source file · JSON