Wisconsin Statutes Banking and Finance (Ch. 214 to 225) § 215.516. Mutual association may limit indemnification

(a) If the mutual association obtains a certificate of incorporation on or after June 13, 1987, by the articles of incorporation, including any amendments to the articles of incorporation.

(b) If the mutual association has obtained a certificate of incorporation before June 13, 1987, by an amendment to the articles of incorporation with an effective date, as provided in s. 215.41(5), on or after June 13, 1987.