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§ 414d-161 — 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. § 414d-161
Hawaii Legal Code

§ 414d-161

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§414D-161 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 the director is or was a director of the corporation, against reasonable expenses actually incurred by the director in connection with the proceeding. [L 2001, c 105, pt of §1]