Wisconsin Statutes (Last Updated: January 10, 2017)

Section 180.0745. Discontinuance or settlement.

Latest version.

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.

1989 a. 303 .

                    
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