Wyoming § 17-19-858 Application of subarticle

Wyoming Statutes

§ 17-19-858 — Application of subarticle

Wyoming § 17-19-858

Title 17Corporations, Partnerships and Associations

Ch. 19WYOMING NONPROFIT CORPORATION ACT

Art. 8DIRECTORS AND OFFICERS

This text of Wyoming § 17-19-858 (Application of subarticle) 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. § 17-19-858 (2026).

Text

(a)The indemnification and advancement of expenses authorized by this subarticle shall not be exclusive of any other rights to which any director, officer, employee or agent may be entitled under any bylaw, agreement, vote of members or disinterested directors or otherwise, both as to any action in his official capacity and as to action in another capacity while holding the office, and continues as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of that person.

(b)If articles of incorporation limit indemnification or advance for expenses, indemnification and advance for expenses are valid only to the extent consistent with the articles.

(c)This subarticle does not limit a corporation's powe

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

(a) The indemnification and advancement of expenses
authorized by this subarticle shall not be exclusive of any
other rights to which any director, officer, employee or agent
may be entitled under any bylaw, agreement, vote of members or
disinterested directors or otherwise, both as to any action in
his official capacity and as to action in another capacity while
holding the office, and continues as to a person who has ceased
to be a director, officer, employee or agent and shall inure to
the benefit of the heirs, executors and administrators of that
person.
(b) If articles of incorporation limit indemnification or
advance for expenses, indemnification and advance for expenses
are valid only to the extent consistent with the articles.
(c) This subarticle does not limit a corporation's power
to pay or reimburse expenses incurred by a director in
connection with appearing as a witness in a proceeding at a time
when the director has not been made a named defendant or
respondent to the proceeding.