GroundRules
35-14-852: Mandatory indemnification.
Where this section sits in the code
- TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
- CHAPTER 14. MONTANA BUSINESS CORPORATION ACT
- Part 8. Directors and Officers
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 was a director of the corporation against expenses incurred by the director in connection with the proceeding.
Collected 2026-09-14T04:53:28Z. Source file · JSON