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2017 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 29 - GENERAL BUSINESS CORPORATIONS
Part 8 - DIRECTORS AND OFFICERS
Section 30-29-852 - MANDATORY INDEMNIFICATION.
Universal Citation: ID Code § 30-29-852 (2017)
30-29-852. 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.
History:
[30-29-852, added 2015, ch. 243, sec. 63, p. 936.]
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