Mandatory indemnification of directors.

Utah Code § 16-6a-903, under Part 16-6a-9: Indemnification.

Utah Code § 16-6a-903

16-6a-903. Mandatory indemnification of directors.

(1) Unless limited by its bylaws, a nonprofit corporation shall indemnify a director described in Subsectionagainst reasonable expenses incurred by the director in connection with the proceeding or claim with respect to which the director has been successful. (2)

(2) Subsectionapplies to a director who was successful, on the merits or otherwise, in the defense of: (1) any proceeding to which the director was a party because the director is or was a director of the nonprofit corporation; or any claim, issue, or matter in the proceeding, to which the director was a party because the director is or was a director of the nonprofit corporation.