West Virginia Statutes
§ 31E-8-852 — Mandatory indemnification
West Virginia § 31E-8-852
This text of West Virginia § 31E-8-852 (Mandatory indemnification) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
W. Va. Code § 31E-8-852 (2026).
Text
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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Legislative History
2002 Reg. Sess., HB2899
Nearby Sections
15
§ 31E-1-101
Short title§ 31E-1-101a
Legislative acknowledgment§ 31E-1-102
Reservation of powers§ 31E-1-103
Construction of chapter§ 31E-1-120
Filing requirements§ 31E-1-121
Forms§ 31E-1-122
Filing, service and copying fees§ 31E-1-123
Effective time and date of document§ 31E-1-124
Correcting filed document§ 31E-1-125
Filing duty of Secretary of State§ 31E-1-127
Evidentiary effect of copy of filed document§ 31E-1-128
Certificate of existence§ 31E-1-129
Penalty for signing false document§ 31E-1-130
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Bluebook (online)
West Virginia § 31E-8-852, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/31E/31E-8-852.