Georgia Code
Part 5 - Indemnification
§ 14-2-852. 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 he or she was a party because he or she was a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding.
History. Code 1981, § 14-2-852 , enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1996, p. 1203, § 5.
Law reviews.
For review of 1996 corporation, partnership, and association legislation, see 13 Ga. St. U. L. Rev. 70.

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