Wisconsin Statutes & Annotations
Chapter 185 - Cooperatives.
185.04 - Indemnification and allowance of expenses of employees and agents.

185.04 Indemnification and allowance of expenses of employees and agents. A cooperative 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 or bylaws, by general or specific action of the board or by contract.
History: 1987 a. 13.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 185 - Cooperatives.

185.01 - Definitions.

185.02 - Purposes.

185.03 - General powers.

185.031 - Refunds after forfeiture.

185.033 - Restriction on changes to articles.

185.034 - Definitions applicable to indemnification and insurance provisions.

185.035 - Mandatory indemnification.

185.036 - Determination of right to indemnification.

185.037 - Allowance of expenses as incurred.

185.038 - Additional rights to indemnification and allowance of expenses.

185.039 - Court-ordered indemnification.

185.04 - Indemnification and allowance of expenses of employees and agents.

185.041 - Insurance.

185.042 - Indemnification and insurance against securities law claims.

185.043 - Incorporators.

185.045 - Reserved or registered name.

185.05 - Articles.

185.06 - Organization meetings.

185.07 - Bylaws.

185.08 - Principal office; registered agent; service of process.

185.09 - Promotion expense; limitation.

185.11 - Membership.

185.12 - Voting.

185.13 - Member meetings.

185.14 - Quorum.

185.15 - Notice to members, stockholders or other persons; waiver.

185.21 - Stock; authorization, issuance, control, use, rights.

185.22 - Subscriptions for stock; liability therefor.

185.23 - Missing securities or records.

185.24 - Liability of cooperative for wrongful transfers of its securities.

185.25 - Applicability of ch. 408 to cooperative securities.

185.31 - Directors; number, election, removal and vacancies.

185.32 - Directors; meetings, quorum and waiver of notice.

185.33 - Executive committee.

185.34 - Action without meeting by directors or members.

185.35 - Officers.

185.36 - Compensation and benefits to directors, officers and employees.

185.363 - Reliance by directors or officers.

185.365 - Consideration of interests in addition to members' and stockholders' interests.

185.367 - Limited liability of directors and officers.

185.37 - Liability of directors and members.

185.38 - Disposition of assets; right to secure debts.

185.41 - Cooperative contracts.

185.42 - Recording of cooperative contracts; effect thereof.

185.43 - Relief against breach or threatened breach.

185.44 - Application of ss. 185.41 to 185.43; venue of action.

185.45 - Apportionment and distribution of proceeds.

185.47 - Financial books and records; penalty for refusal to produce.

185.48 - Annual reports; filing thereof.

185.49 - Omission of seal.

185.50 - Income or franchise tax returns.

185.51 - Amendments to articles.

185.52 - Stockholder voting on amendments to articles.

185.53 - Filing and recording amendments; effect thereof.

185.54 - Restated articles.

185.55 - Amendments by bankruptcy court.

185.61 - Merger and consolidation.

185.62 - Articles of merger or consolidation; effect thereof.

185.63 - Division of a cooperative.

185.64 - Conversion of corporation.

185.71 - Voluntary dissolution.

185.72 - Involuntary dissolution.

185.73 - Liquidation under court supervision.

185.74 - Property not distributed prior to dissolution.

185.75 - Unclaimed assets.

185.76 - Survival of remedy after dissolution.

185.81 - Admission of foreign cooperatives.

185.815 - Recording change of principal office or registered agent.

185.82 - Procedure on filing and recording of documents.

185.825 - Penalty for false document.

185.83 - Fees for filing.

185.84 - Fees or penalty due state.

185.85 - Forms to be furnished by department of financial institutions.

185.91 - Voting requirements of articles.

185.92 - Effect of unauthorized acts.

185.93 - Member or stockholder derivative actions.

185.94 - Use of term “cooperative"; penalty for improper use.

185.95 - Discrimination against association.

185.96 - Application of chapter.

185.97 - Title.

185.981 - Cooperative health care.

185.982 - Manner of practicing medicine, chiropractic and dentistry; payment; promotional expense.

185.983 - Requirements of plan.

185.985 - Inconsistent provisions of the statutes.

185.99 - Health benefit purchasing cooperatives.

185.995 - Extensions of credit by electric cooperatives for certain projects.