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613.62

613.62 Directors' and officers' liability and indemnification.

613.62(1)

(1) Liability. Sections 181.0833 and 181.0850 to 181.0855 apply to service insurance corporations.

613.62(2)

(2) Indemnification. Sections 181.0871 to 181.0881 apply to service insurance corporations but no indemnification may be made until at least 30 days after notice to the commissioner, containing full details about the proposed indemnification.

613.62(3)

(3) Insurance. Section 181.0883 applies to service insurance corporations.

613.62 - ANNOT.

History: 1975 c. 223, 421; 1987 a. 13; 1997 a. 79.