Wisconsin Statutes 895.472 – Indemnification of a financial institution
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Wisconsin Statutes 895.472
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
A financial institution, as defined in s. 943.80 (2), that compensates a customer for a pecuniary loss resulting from a financial crime, as defined in s. 943.80 (1), or assumes the loss, may bring a civil action against the person who committed the crime to recover the amount of the loss, any other damages incurred by the financial institution as a result of the crime, and the costs incurred to bring the action, including attorney’s fees.