{"data":{"id":"us-tn/tenn.-code-ann.-48-58-503","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 48-58-503","heading":"Mandatory indemnification","body":"Unless limited by its charter, a corporation shall indemnify a director to the extent the director was successful, on the merits or otherwise, or who is immune from suit under § 48-58-601 , 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":["TN Code","Title 48","Chapter 58"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"4898e27c32251d84f946f9aff8eca3e6e51e3e8c31157424762aa756ac39f077","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-48-58-502","next":"us-tn/tenn.-code-ann.-48-58-504"},"notice":"GroundRules: Original legal text. Not legal advice."}