Wis. Stat. § 180.0852

Current through Acts 2023-2024, ch. 272
Section 180.0852 - Corporation may limit indemnification

A corporation's articles of incorporation may limit its obligation to indemnify under s. 180.0851. Any provision of the articles of incorporation relating to a corporation's power or obligation to indemnify that was in existence on June 13, 1987, does not constitute a limitation on the corporation's obligation to indemnify under s. 180.0851. A limitation under this section applies if the first alleged act or omission of a director or officer for which indemnification is sought occurred while the limitation was in effect.

Wis. Stat. § 180.0852

1989 a. 303.