{"data":{"id":"us-ia/iowa-code-504.853","jurisdiction":"us-ia","citation":"Iowa Code § 504.853","heading":"Mandatory indemnification.","body":"A corporation 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 corporation against reasonable expenses actually incurred by the director in connection with the proceeding.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 504 - REVISED IOWA NONPROFIT CORPORATION ACT","Subchapter VIII - DIRECTORS AND OFFICERS","Part 5 - INDEMNIFICATION"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/504.853.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"573d3ba97f330dfde49693ac81a7f839a343ccb4ac8f095faeb76ae3a838bb0e","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-504.852","next":"us-ia/iowa-code-504.854"},"notice":"GroundRules: Original legal text. Not legal advice."}