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§ 183.0803 — Wisconsin Law | CourtGPT
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  5. § 183.0803
Wisconsin Legal Code

§ 183.0803

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183.0803 Proper plaintiff. A derivative action to enforce a right of a limited liability company may be maintained only by a person that is a member at the time the action is commenced and to which any of the following applies:(1) The person was a member when the conduct giving rise to the action occurred.(2) The person’s status as a member devolved on the person by operation of law or pursuant to the terms of the operating agreement from a person that was a member at the time of the conduct.History: 2021 a. 258.