Oregon Statutes
§ 60.394 — Mandatory indemnification
Oregon § 60.394
This text of Oregon § 60.394 (Mandatory indemnification) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Or. Rev. Stat. § 60.394 (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 of being a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding.
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Related
Damerow Ford Co. v. Bradshaw
876 P.2d 788 (Court of Appeals of Oregon, 1994)
Legislative History
1987 c.52 §96
Nearby Sections
15
§ 60.001
Definitions§ 60.004
Filing requirements§ 60.010
§ 60.010§ 60.014
Correcting filed document§ 60.016
Forms; rules§ 60.020
§ 60.020§ 60.030
§ 60.030§ 60.031
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Bluebook (online)
Oregon § 60.394, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/60.394.