{"data":{"id":"us-in/ic-27-1-7.5-9","jurisdiction":"us-in","citation":"IC 27-1-7.5-9","heading":"Mandatory indemnification of director for expenses incurred in successful defense","body":"Sec. 9. 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 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.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 7.5. Indemnification of Directors"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-7.5-9","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"7b1f6f0be68942c2d8457243e2ae70fb0c73f652bef9f125f898c6be03f7412f","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-7.5-8","next":"us-in/ic-27-1-7.5-10"},"notice":"GroundRules: Original legal text. Not legal advice."}