2010 Wisconsin Code
Chapter 180. Business corporations.
180.0745 Discontinuance or settlement.

180.0745

180.0745 Discontinuance or settlement. A derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the beneficial owners, the shareholders or a class of shareholders of the domestic corporation or foreign corporation, the court shall direct that notice be given to the shareholders and beneficial owners affected.

180.0745 - ANNOT.

History: 1989 a. 303.

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