Mont. Code Ann. § 35-2-448
This is the official text of Mont. Code Ann. § 35-2-448, part of Montana’s Code Ann — part of the compiled statutory law of Montana, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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35-2-448 Mandatory indemnification
Official statutory text
35-2-448 . 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 the individual is or was a director of the corporation, against reasonable expenses actually incurred by the director in connection with the proceeding.
Status: in_force · Read it on the official government site
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