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181.1403 Articles of dissolution.

WI Stat § 181.1403 (2019) (N/A)
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181.1403 Articles of dissolution.

(1) Filing requirements. At any time after dissolution is authorized, the corporation may dissolve by delivering to the department for filing articles of dissolution that include all of the following information:

(a) The name of the corporation.

(b) The date dissolution was authorized.

(c) A statement that dissolution was approved by a sufficient vote of the board.

(d) If approval of members was not required, a statement to that effect and a statement that dissolution was approved by a sufficient vote of the board or of the incorporators.

(e) If approval by members is required, a statement that dissolution was approved by a sufficient vote of the members of each class entitled to vote on dissolution.

(f) If approval of dissolution by a person other than the members, the board or the incorporators is required under s. 181.1401 (1) (b) 3., a statement that the approval was obtained.

(g) If the corporation is to retain the exclusive use of its name for less than 120 days after the effective date of its articles of dissolution, as provided in s. 181.1405 (3), a statement specifying the shorter period.

(2) Effective date. A corporation is dissolved upon the effective date of its articles of dissolution.

History: 1997 a. 79; 2001 a. 44.

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181.1403 Articles of dissolution.