Washington Statutes
§ 23B.08.520 — Mandatory indemnification.
Washington § 23B.08.520
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
§ 23B.01.010
Short title.§ 23B.01.020
Reservation of power to amend or repeal.§ 23B.01.200
Filing requirements.§ 23B.01.220
Fees.§ 23B.01.230
Effective time and date of document.§ 23B.01.240
Correcting filed documents.§ 23B.01.250
Filing duty of secretary of state.§ 23B.01.280
Certificate of existence or registration.§ 23B.01.290
Penalty for signing false document.§ 23B.01.300
Powers.§ 23B.01.400
Definitions.§ 23B.01.410
Notice.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 23B.08.520, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/23B.08.520.