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2021 Wisconsin Statutes & Annotations
Chapter 181 - Nonstock corporations.
181.0853 - Consideration of interests in addition to members' interests.
Universal Citation: WI Stat § 181.0853 (2021)
181.0853 Consideration of interests in addition to members' interests. In discharging his or her duties to the corporation and in determining what he or she believes to be in the best interests of the corporation, a director or officer may, in addition to considering the effects of any action on members, consider the following:
(1) Employees, suppliers and customers. The effects of the action on employees, suppliers and customers of the corporation.
(2) Communities. The effects of the action on communities in which the corporation operates.
(3) Other. Any other factors that the director or officer considers pertinent.
History: 1997 a. 79.
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