Arkansas § 4-33-852 - Mandatory indemnification.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-33-852 — Mandatory indemnification., with citation guidance and answers to common questions.
§ 4-33-852. 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.
Frequently Asked Questions About Arkansas § 4-33-852
What does Arkansas Code of 1987 Annotated § 4-33-852 cover?
Section 4-33-852 ("Mandatory indemnification.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 4-33-852?
A common citation format is "Arkansas Code of 1987 Annotated § 4-33-852" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 4-33-852 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.