Idaho Statutes

§ 30-29-852 — MANDATORY INDEMNIFICATION

Idaho·Title 30 CORPORATIONS·Part 8 DIRECTORS AND OFFICERS·Ch. 29 GENERAL BUSINESS CORPORATIONS
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

[30-29-852, added 2015, ch. 243, sec. 63, p. 936; am. 2019, ch. 90, sec. 100, p. 282.]

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