HRS §414-243
Mandatory indemnification
Read the official text at capitol.hawaii.gov ↗This section says a corporation must pay back a director's reasonable legal costs if the director fully wins a lawsuit or other legal case brought against them because of their role as a director. It only applies when the director wins completely.
businesses
The statute, as written — Mandatory indemnification
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
A corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which the director was a party because the director was a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.