GroundRules
W. Va. Code § 31D-8-852: Mandatory indemnification.
Where this section sits in the code
- CHAPTER 31D. WEST VIRGINIA BUSINESS CORPORATION ACT.
- ARTICLE 8. DIRECTORS AND OFFICERS.
- PART 5. INDEMNIFICATION AND ADVANCE FOR EXPENSES.
A corporation must indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which he or she was a party because he or she was a director of the corporation against reasonable expenses incurred by him or her in connection with the proceeding.
Collected 2026-10-18T04:41:56Z. Source file · JSON