District of Columbia Statutes

§ 29-306.52 — Mandatory indemnification.

District of Columbia § 29-306.52
JurisdictionDistrict of Columbia
Title 29Business Organizations. [Enacted title]
Ch. 3Business Corporations.
Subch. VIDirectors and Officers.
Part EIndemnification and Advance for Expenses.

This text of District of Columbia § 29-306.52 (Mandatory indemnification.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 29-306.52 (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 the director was a party because he or she was a director of the corporation against expenses incurred by the director in connection with the proceeding.

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Legislative History

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720

Nearby Sections

15
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Bluebook (online)
District of Columbia § 29-306.52, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-306.52.