Washington Statutes

§ 23B.08.520 — Mandatory indemnification.

Washington § 23B.08.520
JurisdictionWashington
Title 23BWASHINGTON BUSINESS CORPORATION ACT
Ch. 23B.08DIRECTORS AND OFFICERS

This text of Washington § 23B.08.520 (Mandatory indemnification.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wash. Rev. Code § 23B.08.520 (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

Deborah Burksfield v. LSI Properties, LLC
(Court of Appeals of Washington, 2018)
Adam Rosen v. Harvey Rosen
(Court of Appeals of Washington, 2019)

Legislative History

[1989 c 165 s 107.]

Nearby Sections

15
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Bluebook (online)
Washington § 23B.08.520, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/23B.08.520.