Wisconsin § 180.0745 Discontinuance or settlement.

Wisconsin Statutes

§ 180.0745 — Discontinuance or settlement.

Wisconsin § 180.0745

Ch. 180Business corporations

Subch.subch. VII of ch. 180 SUBCHAPTER VII

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Wis. Stat. § 180.0745 (2026).

Text

180.0745  A derivative proceeding may not be discontinued or settled without the court’s approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the beneficial owners, the shareholders or a class of shareholders of the domestic corporation or foreign corporation, the court shall direct that notice be given to the shareholders and beneficial owners affected.

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180.0745 A derivative proceeding may not be discontinued or settled without the court’s approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the beneficial owners, the shareholders or a class of shareholders of the domestic corporation or foreign corporation, the court shall direct that notice be given to the shareholders and beneficial owners affected.