187.42 Limited liability of directors and officers.
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/wi/chapter-187/187-42A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
187.42 Limited liability of directors and officers.
(1)Except as provided in sub.
(2), a director or officer is not liable to the religious organization, its members or creditors, or any person asserting rights on behalf of the religious organization, its members or creditors, or any other person, for damages, settlements, fees, fines, penalties or other monetary liabilities arising from a breach of, or failure to perform, any duty resulting solely from his or her status as a director or officer, unless the person asserting liability proves that the breach or failure to perform constitutes any of the following:
(a)A willful failure to deal fairly with the religious organization or its members in connection with a matter in which the director or officer has a material conflict of interest.