Me. Stat. tit. 13-C § 853

Current through 131st (2023-2024) Legislature Chapter 634
Section 853 - 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 was a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding. [2001, c. 640, Pt. A, §2 (NEW); 2001, c. 640, Pt. B, §7 (AFF).]

13-C M.R.S. § 853

2001, c. 640, §A2 (NEW) . 2001, c. 640, §B7 (AFF) .