Wisconsin Statutes 185.09 – Promotion expense; limitation
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Terms Used In Wisconsin Statutes 185.09
- Association: includes both cooperatives and foreign cooperatives. See Wisconsin Statutes 185.01
- Cooperative: means an association incorporated under this chapter. See Wisconsin Statutes 185.01
No cooperative funds may be used, nor any stock issued, in payment of any promotion expenses in excess of 5 percent of the paid-up capital stock or membership fees. This section does not apply to a cooperative association organized under s. 185.981.