355.471. Indemnification of directors. - Missouri Statutes

Indemnification of directors.

355.471. Unless limited by its articles of incorporation or bylaws, acorporation shall indemnify a director who was successful, on the merits orotherwise, in the defense of any proceeding to which the director was aparty because the director is or was a director of the corporation againstreasonable expenses actually incurred by the director in connection withthe proceeding.

(L. 1994 H.B. 1095, A.L. 1997 H.B. 655 merged with S.B. 170)

Effective 6-24-97 (H.B. 655) 5-20-97 (S.B. 170)