5743 - Mandatory indemnification. - Pennsylvania Statutes

§ 5743. Mandatory indemnification. (a) General rule.--To the extent that a representative of a nonprofit corporation has been successful on the merits or otherwise in defense of any action or proceeding referred to in section 5741 (relating to third-party actions) or 5742 (relating to derivative and corporate actions) or in defense of any claim, issue or matter therein, he shall be indemnified against expenses (including attorney fees) actually and reasonably incurred by him in connection therewith. (b) Cross reference.--See section 6145 (relating to applicability of certain safeguards to foreign corporations). (Dec. 21, 1988, P.L.1444, No.177, eff. Oct. 1, 1989; Dec. 19, 1990, P.L.834, No.198, eff. imd.; Dec. 18, 1992, P.L.1333, No.169, eff. 60 days) Cross References. Section 5743 is referred to in sections 5782, 6145 of this title.