Wisconsin Statutes

Wis. Stat. § 180.0747 (2026)

Applicability to foreign corporations

✓ laws through the 2025-26 session (checked Sept. 2026)
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180.0747180.0747 Applicability to foreign corporations. In any derivative proceeding in the right of a foreign corporation, the matters covered by ss. 180.0741, 180.0742 and 180.0744 shall be governed by the laws of the jurisdiction of incorporation of the foreign corporation.
180.0747 HistoryHistory: 1989 a. 303; 1991 a. 16.
Notes of Decisions
Cited in 2 cases, 2003–2019 · leading case: Beloit Liquidating Trust v. Grade, 2003 WI App 176, 669 N.W.2d 232.
Beloit Liquidating Trust v. Grade, 2003 WI App 176, 669 N.W.2d 232. · cites it 5× “§ 180.0747 provides that the law of the state of incorporation governs shareholder-derivative actions brought in Wisconsin courts "in the right of a foreign corporation.”
Jay Link v. John Link, 937 N.W.2d 296 (Wis. Ct. App. 2019). “§ 180.0747. The parties agree that Nova Scotia law requires a shareholder to obtain leave of the Supreme Court of Nova Scotia in order to bring a derivative action on a corporation’s behalf.”
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