180.0827 Consideration of interests in addition to shareholders' interests.

WI Stat § 180.0827 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

180.0827 Consideration of interests in addition to shareholders' interests. 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 shareholders, consider the following:

(1) The effects of the action on employees, suppliers and customers of the corporation.

(2) The effects of the action on communities in which the corporation operates.

(3) Any other factors that the director or officer considers pertinent.

History: 1989 a. 303.