2017 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 490 - BUSINESS CORPORATIONS
Section 490.852 - Mandatory indemnification.

Universal Citation: IA Code § 490.852 (2017)

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1 BUSINESS CORPORATIONS, §490.852 490.852 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 the director was a party because the director is or was a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding. 89 Acts, ch 288, §100; 2002 Acts, ch 1154, §46, 125 Referred to in §490.853, §490.854, §490.856, §491.3, §491.16, §497.34, §498.36, §499.59A, §508C.16, §524.801 Wed Feb 08 04:09:15 2017 Iowa Code 2017, Section 490.852 (11, 1)
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