D.C. Code § 29-306.52

Mandatory indemnification.

Last amended: 2011Year: 2026Length: 49 wordsOfficial source
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 or she was a director of the corporation against expenses incurred by the director in connection with the proceeding.
D.C. Code § 29-306.52: Mandatory indemnification. | Justis AI