30-1-852 MANDATORY INDEMNIFICATION.
CORPORATIONS
CHAPTER 1
GENERAL BUSINESS CORPORATIONS
PART 8.
DIRECTORS AND OFFICERS
30-1-852. Mandatory indemnification. A corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which he was a party because he was a director of the corporation against reasonable expenses incurred by him in connection with the proceeding.