187.24 Authority to limit indemnification.
(1) The obligation of an incorporated Roman Catholic church to indemnify under s. 187.21 (1) and its authority to indemnify under s. 187.21 (2) may be limited as follows:
(a) If the incorporated Roman Catholic church is incorporated on or after May 8, 1990, by the articles of incorporation, including any amendments or restatements of the articles of incorporation.
(b) If the incorporated Roman Catholic church was incorporated before May 8, 1990, by an amendment to, or restatement of, the articles of incorporation which becomes effective on or after May 8, 1990.
(2) A limitation under sub. (1) applies if the first alleged act of a director or officer for which indemnification is sought occurred while the limitation was in effect.
History: 1989 a. 306.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 187 - Religious societies.
187.02 - Existing societies confirmed; may reorganize.
187.03 - Failure to elect trustees.
187.05 - Organizations other than churches.
187.06 - May take title to property.
187.07 - Title to vest in trustees.
187.08 - Devolution of property of defunct societies.
187.09 - Existing organizations legalized.
187.10 - Congregational church.
187.11 - Property of Church of Christ or Christian Church.
187.13 - Missionary corporations.
187.14 - Consolidation of church corporations or congregations.
187.17 - Eastern Orthodox Church.
187.19 - Roman Catholic church.
187.20 - Indemnification by incorporated Roman Catholic church; definitions.
187.21 - Indemnification of directors and officers.
187.22 - Determination of voluntary indemnification.
187.23 - Allowance of expenses as incurred.
187.24 - Authority to limit indemnification.
187.25 - Additional rights to indemnification and allowance of expenses.
187.26 - Court-ordered indemnification.
187.27 - Indemnification and allowance of expenses of employees and agents.
187.30 - Definitions applicable to liability-related provisions.
187.31 - Reliance by directors or officers.
187.32 - Limited liability of directors and officers.
187.33 - Limited liability of volunteers.
187.41 - Reliance by directors or officers.
187.42 - Limited liability of directors and officers.