Wis. Stat. § 180.0740 : PARTNERSHIPS AND CORPORATIONS; TRANSPORTATION; UTILITIES; BANKS; SAVINGS ASSOCIATIONS — BUSINESS CORPORATIONS — SHAREHOLDERS — Definitions applicable to ss. 180.0740 to 180.0747 TEXT PDF In ss. 180.0740 to 180.0747: (1) "Beneficial owner" means a person whose shares are held in a voting trust or held by a nominee on the person's behalf. (2) "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in ss. 180.0743 and 180.0745 to 180.0747, in the right of a foreign corporation. Wis. Stat. § 180.0740 1989 a. 303; 1991 a. 16.