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§ 414.243 — Hawaii Law | CourtGPT
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  4. Title 23 - Corporations and Partnerships414. Hawaii Business Corporation Act414-1 Short Title/
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  6. § 414.243
Hawaii Legal Code

§ 414.243

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§414-243 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. [L 2000, c 244, pt of §1]