Nebraska § 21-1998 Mandatory indemnification

Nebraska Statutes

§ 21-1998 — Mandatory indemnification

Nebraska § 21-1998

Ch. 21Corporations and Other Companies

This text of Nebraska § 21-1998 (Mandatory indemnification) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 21-1998 (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 he or she is or was a director of the corporation against reasonable expenses actually incurred by the director in connection with the proceeding.

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