West Virginia Statutes

§ 31E-8-852 — Mandatory indemnification

West Virginia § 31E-8-852
JurisdictionWest Virginia
Ch. 31EWEST VIRGINIA NONPROFIT CORPORATION ACT
Art. 8DIRECTORS AND OFFICERS

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
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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.