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§ 355.471 — Missouri Law | CourtGPT
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  6. § 355.471
Missouri Legal Code

§ 355.471

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Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS Chapter 355 • Effective - 24 Jun 1997, see footnote 355.471. Indemnification of directors. — Unless limited by its articles of incorporation or bylaws, a corporation shall indemnify a director who was 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. 1994 H.B. 1095, A.L. 1997 H.B. 655 merged with S.B. 170) Effective 6-24-97 (H.B. 655); 5-20-97 (S.B. 170)