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Wis. Stat. § 183.0803

Proper plaintiff

Known as the Wisconsin Uniform Limited Liability Company Law

The act spans §§ 183.0101–183.1102 (113 sections).

2021 a. 258.

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: 22183.0803 UNIFORM LIMITED LIABILITY COMPANY LAW (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.

Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.