Wisconsin § 181.0746 Derivative proceedings; payment of expenses.

Wisconsin Statutes

§ 181.0746 — Derivative proceedings; payment of expenses.

Wisconsin § 181.0746

Ch. 181Nonstock corporations

Subch.subch. VII of ch. 181 SUBCHAPTER VII

MEMBER MEETINGS AND VOTING

This text of Wisconsin § 181.0746 (Derivative proceedings; payment of expenses.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 181.0746 (2026).

Text

0746
0746(1) (1) Authority of court. On termination of the derivative proceeding, the court may do any of the following:
0746(1)(a) (a) Notwithstanding s. 814.04 (1) , order the domestic corporation or foreign corporation to pay the plaintiff’s reasonable expenses, including attorney fees, incurred in the derivative proceeding by the members who commenced or maintained the derivative proceeding if the court finds that the derivative proceeding has resulted in a substantial benefit to the domestic corporation or foreign corporation.
0746(1)(b) (b) Order the members who commenced or maintained the derivative proceeding to pay any defendant’s reasonable expenses, including attorney fees, notwithstanding s. 814.04 (1) , incurred in defending the derivative proceeding if the cou

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181.0746
181.0746(1) (1) Authority of court. On termination of the derivative proceeding, the court may do any of the following:
181.0746(1)(a) (a) Notwithstanding s. 814.04 (1) , order the domestic corporation or foreign corporation to pay the plaintiff’s reasonable expenses, including attorney fees, incurred in the derivative proceeding by the members who commenced or maintained the derivative proceeding if the court finds that the derivative proceeding has resulted in a substantial benefit to the domestic corporation or foreign corporation.
181.0746(1)(b) (b) Order the members who commenced or maintained the derivative proceeding to pay any defendant’s reasonable expenses, including attorney fees, notwithstanding s. 814.04 (1) , incurred in defending the derivative proceeding if the court finds that the derivative proceeding was commenced or maintained without reasonable cause or for an improper purpose.
181.0746(2) (2) Security for expenses. In any action brought in the right of any corporation by fewer than 3 percent of the members, the defendants shall be entitled, upon application to the court, to require the plaintiffs to give security for the reasonable expenses, including attorney fees. The amount of the security may be increased or decreased by the court having jurisdiction over the action upon a showing that the security has or may become inadequate or excessive.