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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Wisconsin Statutes Corporations (Ch. 180 to 188) § 180.0852. Corporation may limit indemnification - last updated January 01, 2025 | https://codes.findlaw.com/wi/corporations-ch-180-to-188/wi-st-180-0852/
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