425.310 Liability of corporate officers.
88 words·~1 min read·
/wi/chapter-425/425-310-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
425.310 Liability of corporate officers. Damages or penalties awarded to a customer or the administrator for a violation of chs. 421 to 427 which cannot be collected from a corporation by reason of its insolvency or dissolution shall be recoverable against the principal agents of the corporation including, but not limited to, officers, managers and assistant managers who knew of, should have known of or willfully participated in such a violation, if a meaningful part of the corporation’s activities were in violation of chs. 421 to 427 .