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2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 22 - Nonprofit Corporations--Formation And General Powers
§ 47-22-65.2 Indemnification against expenses and attorneys' fees.
Universal Citation: SD Codified L § 47-22-65.2 (2018)
47-22-65.2. Indemnification against expenses and attorneys' fees. To the extent that a director, officer, employee, or agent of a nonprofit corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in subdivisions 47-22-65.1(1) and (2), or in defense of any claim, issue or matter therein, he shall be indemnified against expenses, including attorneys' fees, actually and reasonably incurred by him in connection therewith.
Source: SL 1986, ch 388, ยง 3.
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