| B. Order indemnification or an advance for expenses if the | court determines that the director is entitled to | indemnification or an advance for expenses pursuant to a | provision authorized by section 859, subsection 1; or |
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| C. Order indemnification or an advance for expenses if the | court determines, in view of all the relevant circumstances, | that it is fair and reasonable: |
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| (1) To indemnify the director; or |
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| (2) To advance expenses to the director even if the | director has not met the relevant standard of conduct | set forth in section 852, subsection 1, failed to | comply with section 854 or was adjudged liable in a | proceeding referred to in section 852, subsection 4, | paragraph A or B, but, if the director was adjudged so | liable, the director's indemnification must be limited | to reasonable expenses incurred in connection with the | proceeding. |
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| | 2. Entitlement to expenses. If the court determines that the | director is entitled to indemnification under subsection 1, | paragraph A or to indemnification or an advance for expenses | under subsection 1, paragraph B, the court shall also order the | corporation to pay the director's reasonable expenses incurred in | connection with obtaining the court-ordered indemnification or | advance for expenses. If the court determines that the director | is entitled to indemnification or an advance for expenses under | subsection 1, paragraph C, the court may also order the | corporation to pay the director's reasonable expenses to obtain | incurred in connection with obtaining the court-ordered | indemnification or advance for expenses. |
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| §856. Determination and authorization of indemnification |
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| | 1. Prerequisites to indemnity. A corporation may not | indemnify a director under section 852, subsection 1 unless | authorized for a specific proceeding after a determination has | been made that indemnification of the director is permissible | because the director has met the relevant standard of conduct set | forth in section 852. |
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| | 2. Determination process. A determination under subsection 1 | that indemnification is permissible must be made: |
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| A. If there are 2 or more disinterested directors, by the | corporation's board of directors by a majority vote of all the | disinterested directors, a majority of whom for this purpose | constitutes a quorum, or by a majority of the |
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