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Oregon · Through 2025 Edition

ORS 60.394: Mandatory indemnification.

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Where this section sits in the code
  1. 02 - Business Organizations, Commercial Code
  2. 7. Corporations and Partnerships
  3. Chapter 60 — Private Corporations

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 of being a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding.

Collected 2026-09-03T23:50:10Z. Source file · JSON

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