(Effective until January 1, 2027) Mandatory indemnification

Va. Code Ann. § 13.1-877, under Chapter 10. Virginia Nonstock Corporation Act..

Va. Code Ann. § 13.1-877

Unless limited by its articles of incorporation, a corporation shall indemnify a director who entirely prevails 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.