§414-243 - Mandatory indemnification. - Hawaii Statutes

     [§414-243]  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 the director was a party because the director was a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding. [L 2000, c 244, pt of §1]