Nebraska Revised Statute 21-1998

Chapter 21 Section 1998


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 he or she is or was a director of the corporation against reasonable expenses actually incurred by the director in connection with the proceeding.


  • Laws 1996, LB 681, § 98.