Wisconsin Code § 611.62

Directors’ and officers’ liability and indemnification
Open in Lexace · Ask the AI about this section
(1) LIABILITY. Sections 180.0826 to 180.0828,
180.0832 and 180.0833 apply to stock corporations and ss.
181.0850 to 181.0855, except s. 181.0855 (2) (c) , apply to
mutuals.
(2) INDEMNIFICATION. Sections 180.0850 to 180.0856,
180.0858 and 180.0859 apply to stock corporations and ss.
181.0871 to 181.0881 and 181.0889 apply to mutuals but no indemnification may be made until at least 30 days after notice to
the commissioner, containing full details about the proposed
indemnification.
(3) INSURANCE. Section 180.0857 applies to stock corporations and s. 181.0883 applies to mutuals.
(4) DERIVATIVE ACTIONS. Sections 180.0740 to 180.0747
and 180.1708 (3m) apply to stock corporations and ss. 181.0740
to 181.0747 apply to mutuals.

‹ Prev All Wisconsin sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.