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 he was a party because he is or was a director of the corporation against reasonable expenses incurred by him in connection with the proceeding.
Mandatory indemnification
S.C. Code Ann. § 33-8-520, under Title 33, Chapter 8.
S.C. Code Ann. § 33-8-520