{"data":{"id":"us-ia/iowa-code-501.413","jurisdiction":"us-ia","citation":"Iowa Code § 501.413","heading":"Mandatory indemnification.","body":"A cooperative 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 the director is or was a director of the cooperative.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 501 - CLOSED COOPERATIVES","Subchapter IV - DIRECTORS, OFFICERS, AND AGENTS","Part 2 - INDEMNIFICATION"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/501.413.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"8271d2c82af8a38893515f79725d5a36b4fed3ec55fdf933edd64a3c64b782d3","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-501.412","next":"us-ia/iowa-code-501.414"},"notice":"GroundRules: Original legal text. Not legal advice."}