2013 Wisconsin Statutes & Annotations
185. Cooperatives.
185.365 Consideration of interests in addition to members' and stockholders' interests.
185.365 Consideration of interests in addition to members' and stockholders' interests. In discharging his or her duties to the cooperative and in determining what he or she believes to be in the best interests of the cooperative, a director or officer may, in addition to considering the effects of any action on members and stockholders, consider the following:
(1) The effects of the action on employees, suppliers and customers of the cooperative.
(2) The effects of the action on communities in which the cooperative operates.
(3) Any other factors the director or officer considers pertinent.
History: 1987 a. 13.
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