Indemnification of a financial institution

Wis. Stat. § 895.472, under DAMAGES, LIABILITY, AND MISCELLANEOUS PROVISIONSREGARDING ACTIONS IN COURTS.

Wis. Stat. § 895.472

895.472 Indemnification of a financial institution. 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. History: 2005 a. 212 s. 2; 2007 a. 97 s. 239.

SUBCHAPTER II EXEMPTIONS FROM, AND LIMITATIONS ON, LIABILITY