Indiana § 28-13-13-9 Mandatory indemnification of director for expenses of successful
defense of proceeding

Indiana Statutes

§ 28-13-13-9 — Mandatory indemnification of director for expenses of successful defense of proceeding

Indiana·Art. 13 CORPORATE GOVERNANCE·Ch. 13 Indemnification of Directors

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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