Sec. 7. As used in this chapter, "proceeding" means any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal, administrative, or investigative and whether formal or informal. As added by P.L.14-1992, SEC.163.
"Proceeding" defined
Ind. Code § 28-13-13-7, under Indemnification of Directors.
Ind. Code § 28-13-13-7