Connecticut Statutes

§ 33-1118 — Mandatory indemnification.

Connecticut § 33-1118
JurisdictionConnecticut
Title 33Corporations
Ch. 602Nonstock Corporations

This text of Connecticut § 33-1118 (Mandatory indemnification.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Conn. Gen. Stat. § 33-1118 (2026).

Text

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.

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Legislative History

(P.A. 96-256, S. 86, 209; P.A. 97-246, S. 56, 99.) History: P.A. 96-256 effective January 1, 1997; P.A. 97-246 deleted provision that subjected the indemnification requirement to any limitation contained in the certificate of incorporation and made a technical change, effective June 27, 1997.

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Bluebook (online)
Connecticut § 33-1118, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/33-1118.