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Code · Wisconsin · Chapter 181 — Nonstock corporations

181.0614 Creditor’s action against member.

99 words·~1 min read·/wi/chapter-181/181-0614-2

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181.0614 Creditor’s action against member.
(1)Final judgment required. A proceeding may not be brought by a creditor to reach the liability, if any, of a member under s. 181.0613 to the corporation unless final judgment has been rendered in favor of the creditor against the corporation.
(2)Intervention and joinder. A creditor of the corporation, with or without reducing the creditor’s claim to judgment, may intervene in a creditor’s proceeding brought under sub.
(1)to reach and apply unpaid amounts due the corporation. Any member who owes an amount to the corporation may be joined in the proceeding.
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