Wisconsin § 180.0856 Indemnification and allowance of expenses of employees and agents.

Wisconsin Statutes

§ 180.0856 — Indemnification and allowance of expenses of employees and agents.

Wisconsin § 180.0856

Ch. 180Business corporations

Subch.subch. VIII of ch. 180 SUBCHAPTER VIII

DIRECTORS AND OFFICERS

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Bluebook

Wis. Stat. § 180.0856 (2026).

Text

180.0856 180.0856(1) (1) A corporation shall indemnify an employee who is not a director or officer of the corporation, to the extent that he or she has been successful on the merits or otherwise in defense of a proceeding, for all reasonable expenses incurred in the proceeding if the employee was a party because he or she was an employee of the corporation. 180.0856(2) (2) In addition to the indemnification required by sub.

(1), a corporation may indemnify and allow reasonable expenses of an employee or agent who is not a director or officer of the corporation to the extent provided by the articles of incorporation or bylaws, by general or specific action of the board of directors or by contract.

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180.0856
180.0856(1) (1) A corporation shall indemnify an employee who is not a director or officer of the corporation, to the extent that he or she has been successful on the merits or otherwise in defense of a proceeding, for all reasonable expenses incurred in the proceeding if the employee was a party because he or she was an employee of the corporation.
180.0856(2) (2) In addition to the indemnification required by sub. (1) , a corporation may indemnify and allow reasonable expenses of an employee or agent who is not a director or officer of the corporation to the extent provided by the articles of incorporation or bylaws, by general or specific action of the board of directors or by contract.