Wisconsin Statutes 181.0853 – Consideration of interests in addition to members’ interests
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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:
Terms Used In Wisconsin Statutes 181.0853
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
(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.