Wisconsin § 180.0741 Standing.

Wisconsin Statutes

§ 180.0741 — Standing.

Wisconsin § 180.0741

Ch. 180Business corporations

Subch.subch. VII of ch. 180 SUBCHAPTER VII

SHAREHOLDERS

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Bluebook

Wis. Stat. § 180.0741 (2026).

Text

0741  A shareholder or beneficial owner may not commence or maintain a derivative proceeding unless the shareholder or beneficial owner satisfies all of the following:
0741(1) (1) Was a shareholder or beneficial owner of the corporation at the time of the act or omission complained of or became a shareholder or beneficial owner through transfer by operation of law from a person who was a shareholder or beneficial owner at that time.
0741(2) (2) Fairly and adequately represents the interests of the corporation in enforcing the right of the corporation.

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180.0741 A shareholder or beneficial owner may not commence or maintain a derivative proceeding unless the shareholder or beneficial owner satisfies all of the following:
180.0741(1) (1) Was a shareholder or beneficial owner of the corporation at the time of the act or omission complained of or became a shareholder or beneficial owner through transfer by operation of law from a person who was a shareholder or beneficial owner at that time.
180.0741(2) (2) Fairly and adequately represents the interests of the corporation in enforcing the right of the corporation.