Wis. Stat. § 181.0614: Creditor’s action against member.
Where this section sits in the code
- Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations
- Chapter 181 Nonstock Corporations
- SUBCHAPTER VI MEMBERS AND MEMBERSHIPS
(1) Final judgment required. A proceeding may not be brought by a creditor to reach the liability, if any, of a member under s. 181.0613 to the corporation unless final judgment has been rendered in favor of the creditor against the corporation.
(2) Intervention and joinder. A creditor of the corporation, with or without reducing the creditor’s claim to judgment, may intervene in a creditor’s proceeding brought under sub. (1) to reach and apply unpaid amounts due the corporation. Any member who owes an amount to the corporation may be joined in the proceeding.
Collected 2026-09-05T12:01:02Z. Source file · JSON