{"data":{"id":"us-wi/wis.-stat.-180.0741","jurisdiction":"us-wi","citation":"Wis. Stat. § 180.0741","heading":"Standing.","body":"A shareholder or beneficial owner may not commence or maintain a derivative proceeding unless the shareholder or beneficial owner satisfies all of the following:\n(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.\n(2) Fairly and adequately represents the interests of the corporation in enforcing the right of the corporation.","path":["Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations","Chapter 180 Business Corporations","SUBCHAPTER VII SHAREHOLDERS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/180.0741","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:02Z","sha256":"49f9ee20ba98df7a5128b77868db4948ae0a89d57a4124ffe48c0bd7370af562","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-180.0740","next":"us-wi/wis.-stat.-180.0742"},"notice":"GroundRules: Original legal text. Not legal advice."}