Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 55a-8-52 — North Carolina Law | CourtGPT
  1. Home/
  2. Laws/
  3. North Carolina/
  4. Chapter 55a - North Carolina Nonprofit Corporation Act/
  5. Article 8/
  6. § 55a-8-52
North Carolina Legal Code

§ 55a-8-52

Ask AI about this
\nUnless 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 proceedings to which the director was a party because he is or was a director of the corporation against reasonable expenses actually incurred by the director in connection with the proceeding. (1977, c. 236, s. 2; 1993, c. 398, s. 1.)