Utah Code § 16-10a-903: Mandatory indemnification of directors.
Where this section sits in the code
- Title 16 Corporations
- Chapter 16-10a Utah Revised Business Corporation Act
- Part 16-10a-9 Indemnification
Unless limited by its articles of incorporation, a corporation shall indemnify a director who was successful, on the merits or otherwise, in the defense of any proceeding, or in the defense of any claim, issue, or matter in the proceeding, to which the director was a party because the director is or was a director of the corporation, against reasonable expenses incurred by the director in connection with the proceeding or claim with respect to which the director has been successful.
Collected 2026-09-03T11:34:33Z. Source file · JSON