RCW 23B.08.520
Mandatory indemnification.
Unless limited by its articles of incorporation, 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 of being a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding.
[ 1989 c 165 § 107.]
Structure Revised Code of Washington
Title 23B - Washington Business Corporation Act
Chapter 23B.08 - Directors and Officers.
23B.08.010 - Requirement for and duties of board of directors.
23B.08.020 - Qualifications of directors.
23B.08.030 - Number and election of directors.
23B.08.040 - Election of directors by certain classes or series of shares.
23B.08.050 - Terms of directors—Generally.
23B.08.060 - Staggered terms for directors.
23B.08.070 - Resignation of directors.
23B.08.080 - Removal of directors by shareholders.
23B.08.090 - Removal of directors by judicial proceeding.
23B.08.100 - Vacancy on board of directors.
23B.08.110 - Compensation of directors.
23B.08.200 - Regular or special meetings of the board.
23B.08.210 - Corporate action without meeting.
23B.08.220 - Notice of meeting.
23B.08.230 - Waiver of notice.
23B.08.240 - Quorum and voting.
23B.08.245 - Corporate action—Vote of shareholders.
23B.08.300 - General standards for directors.
23B.08.310 - Liability for unlawful distributions.
23B.08.320 - Limitation on liability of directors.
23B.08.410 - Duties of officers.
23B.08.420 - Standards of conduct for officers.
23B.08.430 - Resignation and removal of officers.
23B.08.440 - Contract rights of officers.
23B.08.500 - Indemnification definitions.
23B.08.510 - Authority to indemnify.
23B.08.520 - Mandatory indemnification.
23B.08.530 - Advance for expenses.
23B.08.540 - Court-ordered indemnification.
23B.08.550 - Determination and authorization of indemnification.
23B.08.560 - Shareholder authorized indemnification and advancement of expenses.
23B.08.570 - Indemnification of officers, employees, and agents.
23B.08.590 - Validity of indemnification or advance for expenses.
23B.08.600 - Report to shareholders.
23B.08.603 - Indemnification or advance for expenses—Later amendment or repeal of subject provision.
23B.08.720 - Directors' action.
23B.08.730 - Shareholders' action.
23B.08.735 - Pursuit of business opportunities—Duty to corporation.
23B.08.900 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.