Indiana § 27-1-7.5-9 Mandatory indemnification of director for expenses incurred in
successful defense

Indiana Statutes

§ 27-1-7.5-9 — Mandatory indemnification of director for expenses incurred in successful defense

Indiana § 27-1-7.5-9

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 7.5Indemnification of Directors

This text of Indiana § 27-1-7.5-9 (Mandatory indemnification of director for expenses incurred in successful defense) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-1-7.5-9 (2026).

Text

Unless limited by its articles of incorporation,
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 the director is or was a director of the
corporation against reasonable expenses incurred by the director in
connection with the proceeding.

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