2010 New Hampshire Statutes
TITLE XXVII CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
CHAPTER 293-A NEW HAMPSHIRE BUSINESS CORPORATION ACT
Section 293-A:8.52 Mandatory Indemnification.


NH Rev Stat § 293-A:8.52 (1996 through Reg Sess) What's This?

Section 293-A:8.52 293-A:8.52 Mandatory Indemnification. – 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 he was a party because he is or was a director of the corporation against reasonable expenses incurred by him in connection with the proceeding.

Source. 1992, 255:1, eff. Jan. 1, 1993.

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