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Mandatory indemnification

M.G.L. c. 156D, § 8.52
in effect
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c. 156D, § 8.52. Mandatory indemnification Section 8.52. 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 he was a party because he was a director of the corporation against reasonable expenses incurred by him in connection with the proceeding.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156D/Section8.52Fetched: 10/20/2026

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