West Virginia Code Chapter 31E. West Virginia Nonprofit Corporation Act § 31E-8-852. Mandatory indemnification
Current as of January 01, 2020 | Updated by FindLaw Staff
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A corporation must indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which he or she was a party because he or she was a director of the corporation against reasonable expenses incurred by him or her in connection with the proceeding.
Cite this article: FindLaw.com - West Virginia Code Chapter 31E. West Virginia Nonprofit Corporation Act § 31E-8-852. Mandatory indemnification - last updated January 01, 2020 | https://codes.findlaw.com/wv/chapter-31e-west-virginia-nonprofit-corporation-act/wv-code-sect-31e-8-852.html
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