§ 17-19-857 — Insurance

A corporation may purchase and maintain insurance on behalf of
an individual who is or was a director, officer, employee or
agent of the corporation, or who, while a director, officer,
employee or agent of the corporation, is or was serving at the
request of the corporation as a director, officer, partner,
trustee, employee or agent of another foreign or domestic
business or nonprofit corporation, partnership, joint venture,
trust, employee benefit plan or other enterprise, against
liability asserted against or incurred by him in that capacity
or arising from his status as a director, officer, employee or
agent, whether or not the corporation would have power to
indemnify the person against the same liability under W.S.
17-19-852 or 17-19-856.