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 a proceeding to which the director was a party because he is or was a director of the corporation against reasonable expenses actually incurred by the director in connection with the proceeding.
Mandatory indemnification
S.C. Code Ann. § 33-31-852, under Title 33, Chapter 31.
S.C. Code Ann. § 33-31-852