With respect to indemnification under § 31.03 or § 31.04, a termination of the proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not by itself create a presumption that the person acted, or failed to act, other than in good faith and in a manner which he or she reasonably believed to be in, or not opposed to, the best interest of the town; and with respect to any criminal proceeding, shall not by itself create a presumption that the person had reasonable cause to believe that his or her conduct was unlawful.
(1991 Code, § 2-6-5)