{"data":{"id":"us-nc/n.c.-gen.-stat.-55a-8-52","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 55A-8-52","heading":"Mandatory indemnification.","body":"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 proceedings to which the director was a party because he is or was a director of the corporation against reasonable expenses actually incurred by the director in connection with the proceeding. (1977, c. 236, s. 2; 1993, c. 398, s. 1.)","path":["Chapter 55A North Carolina Nonprofit Corporation Act.","Article 8. Directors and Officers.","Part 5. Indemnification."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_55A/GS_55A-8-52.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:02Z","sha256":"a605bb57dc38e41c3f7529b36c2f0f0b9864f16ddaab576b290d6b2d00d70c08","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-55a-8-51","next":"us-nc/n.c.-gen.-stat.-55a-8-53"},"notice":"GroundRules: Original legal text. Not legal advice."}