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§ 47-1a-852 — South Dakota Law | CourtGPT
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South Dakota Legal Code

§ 47-1a-852

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47-1A-852. 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 by reason of being a director of the corporation, against reasonable expenses incurred in connection with the proceeding. Source: SL 2005, ch 239, §174.