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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-36-630: Indemnification of board members who become parties to proceedings.

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Where this section sits in the code
  1. Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 36 Corporations Not-for-Profit Financed by Federal or State Loans
  3. ARTICLE 4 Governing Board

Unless limited by its articles of incorporation, a corporation not-for-profit must indemnify against reasonable expenses incurred by a board member who is successful on the merits or otherwise in the defense of a proceeding to which he is a party because of his board membership.

Collected 2026-09-02T07:04:04Z. Source file · JSON

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