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Terms Used In Wisconsin Statutes 181.0730

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
   (1)    Permissible agreements. Unless prohibited by a corporation‘s articles of incorporation or bylaws, two or more members may provide for the manner in which they will vote by signing an agreement for that purpose.
   (2)   Enforceability. A voting agreement created under this section is specifically enforceable.