Wisconsin § 181.0875 Corporation may limit indemnification.

Wisconsin Statutes

§ 181.0875 — Corporation may limit indemnification.

Wisconsin § 181.0875

Ch. 181Nonstock corporations

Subch.subch. VIII of ch. 181 SUBCHAPTER VIII

DIRECTORS AND OFFICERS

This text of Wisconsin § 181.0875 (Corporation may limit indemnification.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 181.0875 (2026).

Text

181.0875 181.0875(1) (1) Methods of limiting obligation. A corporation’s obligations to indemnify under s. 181.0872 may be limited as follows: 181.0875(1)(a) (a) If the corporation is incorporated on or after June 13, 1987, by the articles of incorporation, including any amendments or restatements of the articles of incorporation. 181.0875(1)(b) (b) If the corporation was incorporated before June 13, 1987, by an amendment to, or restatement of, the articles of incorporation which becomes effective on or after June 13, 1987. 181.0875(2) (2) Applicability. A limitation under sub.

(1)applies if the first alleged act of a director or officer for which indemnification is sought occurred while the limitation was in effect.

Free access — add to your briefcase to read the full text and ask questions with AI

181.0875
181.0875(1) (1) Methods of limiting obligation. A corporation’s obligations to indemnify under s. 181.0872 may be limited as follows:
181.0875(1)(a) (a) If the corporation is incorporated on or after June 13, 1987, by the articles of incorporation, including any amendments or restatements of the articles of incorporation.
181.0875(1)(b) (b) If the corporation was incorporated before June 13, 1987, by an amendment to, or restatement of, the articles of incorporation which becomes effective on or after June 13, 1987.
181.0875(2) (2) Applicability. A limitation under sub. (1) applies if the first alleged act of a director or officer for which indemnification is sought occurred while the limitation was in effect.