Indiana Statutes
§ 28-13-13-9 — Mandatory indemnification of director for expenses of successful defense of proceeding
Indiana § 28-13-13-9
This text of Indiana § 28-13-13-9 (Mandatory indemnification of director for expenses of successful defense of proceeding) 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 § 28-13-13-9 (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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Legislative History
As added by P.L.14-1992, SEC.163.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
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Bluebook (online)
Indiana § 28-13-13-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-13-13-9.