Wyoming § 17-19-856 Indemnification of officers, employees and
agents

Wyoming Statutes

§ 17-19-856 — Indemnification of officers, employees and agents

Wyoming § 17-19-856

Title 17Corporations, Partnerships and Associations

Ch. 19WYOMING NONPROFIT CORPORATION ACT

Art. 8DIRECTORS AND OFFICERS

This text of Wyoming § 17-19-856 (Indemnification of officers, employees and agents) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 17-19-856 (2026).

Text

(a)Unless limited by a corporation's articles of incorporation:

(i)An officer, employee or agent of the corporation who is not a director is entitled to mandatory indemnification under W.S. 17-19-852, and is entitled to apply for court-ordered indemnification under W.S. 17-19-854 in each case, to the same extent as a director;

(ii)The corporation may indemnify and advance expenses under this subarticle to an officer, employee or agent of the corporation who is not a director to the same extent as to a director; and

(iii)A corporation may also indemnify and advance expenses to an officer, employee or agent who is not a director to the extent, consistent with public policy, that may be provided by its articles of incorporation, bylaws, general or specific action of its board of directors

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(a) Unless limited by a corporation's articles of
incorporation:
(i) An officer, employee or agent of the corporation
who is not a director is entitled to mandatory indemnification
under W.S. 17-19-852, and is entitled to apply for court-ordered
indemnification under W.S. 17-19-854 in each case, to the same
extent as a director;
(ii) The corporation may indemnify and advance
expenses under this subarticle to an officer, employee or agent
of the corporation who is not a director to the same extent as
to a director; and
(iii) A corporation may also indemnify and advance
expenses to an officer, employee or agent who is not a director
to the extent, consistent with public policy, that may be
provided by its articles of incorporation, bylaws, general or
specific action of its board of directors, or contract.