Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 215. Savings And Loan Associations |
SubChapter II. MUTUAL SAVINGS AND LOAN ASSOCIATIONS; ORGANIZATION AND MANAGEMENT |
Section 215.519. Indemnification and allowance of expenses of employees and agents.
Latest version.
- A mutual association may indemnify and allow reasonable expenses of an employee or agent who is not a director or officer to the extent provided by the articles of incorporation or bylaws, by general or specific action of the board or by contract.