Ky. Rev. Stat. § 271B.8-520
Current through Acts Received April 24, 2024
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 he was a party because he is or was a director of the corporation against reasonable expenses incurred by him in connection with the proceeding.
KRS 271B.8-520
Created 1988 Ky. Acts ch. 23, sec. 96, effective1/1/1989.