State Codes and Statutes

Statutes > Massachusetts > PARTI > TITLEXXII > CHAPTER156D > Section852

Section 8.52. MANDATORY INDEMNIFICATION

A corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which he was a party because he was a director of the corporation against reasonable expenses incurred by him in connection with the proceeding.

State Codes and Statutes

Statutes > Massachusetts > PARTI > TITLEXXII > CHAPTER156D > Section852

Section 8.52. MANDATORY INDEMNIFICATION

A corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which he was a party because he was a director of the corporation against reasonable expenses incurred by him in connection with the proceeding.


State Codes and Statutes

State Codes and Statutes

Statutes > Massachusetts > PARTI > TITLEXXII > CHAPTER156D > Section852

Section 8.52. MANDATORY INDEMNIFICATION

A corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which he was a party because he was a director of the corporation against reasonable expenses incurred by him in connection with the proceeding.