GroundRules
Wis. Stat. § 183.0803: Proper plaintiff.
Where this section sits in the code
- Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations
- Chapter 183 Uniform Limited Liability Company Law
- SUBCHAPTER VIII ACTIONS BY MEMBERS
A derivative action to enforce a right of a limited liability company may be maintained only by a person that is a member at the time the action is commenced and to which any of the following applies:
(1) The person was a member when the conduct giving rise to the action occurred.
(2) The person’s status as a member devolved on the person by operation of law or pursuant to the terms of the operating agreement from a person that was a member at the time of the conduct.
Collected 2026-09-05T12:01:03Z. Source file · JSON