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Section 17-16-852 - Mandatory Indemnification — Wyoming Law | CourtGPT
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  7. Section 17-16-852 - Mandatory Indemnification
Wyoming Legal Code

Section 17-16-852 - Mandatory Indemnification

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17-16-852. 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 because he was a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding.

17-16-852. 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 because he was a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding.