Neb. Rev. Stat. §§ 21-1998

Current with changes through the 2024 First Special Legislative Session
Section 21-1998 - Mandatory indemnification

Unless limited by its articles of incorporation, 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 he or she is or was a director of the corporation against reasonable expenses actually incurred by the director in connection with the proceeding.

Neb. Rev. Stat. §§ 21-1998

Laws 1996, LB 681, § 98.