Wisconsin Statutes 186.089 – Indemnification and allowance of expenses of employees and agents
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Terms Used In Wisconsin Statutes 186.089
- Contract: A legal written agreement that becomes binding when signed.
A credit union 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 of directors or by contract.