S.C. Code Ann. § 33-8-520: Mandatory indemnification.
Where this section sits in the code
- Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
- CHAPTER 8 Directors and Officers
- ARTICLE 5 Indemnification
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 against reasonable expenses incurred by him in connection with the proceeding.
Collected 2026-09-02T07:02:54Z. Source file · JSON