{"data":{"id":"us-wi/wis.-stat.-221.0628","jurisdiction":"us-wi","citation":"Wis. Stat. § 221.0628","heading":"Bank may limit indemnification.","body":"A bank’s articles of incorporation may limit its obligation to indemnify under s. 221.0627. Any provision of the articles of incorporation relating to a banks power or obligation to indemnify that was in existence on July 1, 1996, does not constitute a limitation on the bank’s obligation to indemnify under s. 221.0627. A limitation under this section applies if the first alleged act or omission of a director or officer for which indemnification is sought occurred while the limitation was in effect.","path":["Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations","Chapter 221 State Banks","SUBCHAPTER VI DIRECTORS, OFFICERS AND EMPLOYEES"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/221.0628","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:08Z","sha256":"1e892d7f80a32368434a70a0f165bc514a8146c1811a0b0ac4a91e6c897c88c8","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-221.0627","next":"us-wi/wis.-stat.-221.0629"},"notice":"GroundRules: Original legal text. Not legal advice."}
