Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Wisconsin Statutes 193.215

  • Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
   (1)    Filing required. The organizers of a cooperative shall file with the department the cooperative’s original articles as specified under sub. (2), together with the statement required under s. 193.115 (2) and a statement listing the current mailing address of the cooperative.
   (2)   Content of articles.
      (a)    The articles shall state all of the following:
         1.    The name of the cooperative.
         2.    The purpose of the cooperative.
         3.    The name and address of each organizer.
         4.    The duration of the cooperative, if the duration is not to be perpetual.
      (b)    The articles may contain any other lawful provision.
   (3)   Effect of proper filing. Upon compliance with sub. (1), all of the following apply:
      (a)    It is presumed that all conditions precedent to organizing the cooperative that are required to be performed by the organizers have been satisfied.
      (b)    The cooperative is chartered by this state as a separate legal entity with perpetual duration or any other duration stated in the articles under sub. (2) (a) 4.
      (c)    The department shall issue a certificate of organization to the cooperative.
   (4)   Change of mailing address. If the mailing address of the cooperative changes, the cooperative shall file with the department a statement notifying the department of the change of address.