West Virginia Statutes
§ 31D-8-852 — Mandatory indemnification
A corporation must indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which he or she was a party because he or she was a director of the corporation against reasonable expenses incurred by him or her in connection with the proceeding.
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West Virginia § 31D-8-852 (Mandatory indemnification) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 31D-1-101
Short title§ 31D-1-101a
Legislative acknowledgment§ 31D-1-102
Reservation of powers§ 31D-1-103
Construction of chapter§ 31D-1-120
Filing requirements§ 31D-1-121
Forms§ 31D-1-122
Filing, service and copying fees§ 31D-1-123
Effective time and date of document§ 31D-1-124
Correcting filed document§ 31D-1-125
Filing duty of Secretary of State§ 31D-1-127
Evidentiary effect of copy of filed document§ 31D-1-128
Certificate of existence§ 31D-1-129
Penalty for signing false document§ 31D-1-130
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