Wisconsin Statutes 238.37 – Revocation of certification
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Terms Used In Wisconsin Statutes 238.37
- 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.
- 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
- Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
(1) The corporation shall revoke the certification of a person certified under s. 238.365 (3) if the person does any of the following:
(a) Supplies false or misleading information to obtain certification.
(b) Becomes subject to revocation under s. 238.38 (1).
(c) Leaves the development zone to conduct substantially the same business outside of the development zone.
(d) Ceases operations in the development zone and does not renew operation of the trade or business or a similar trade or business in the development zone within 12 months.
(2) The corporation shall notify the department of revenue within 30 days of revoking a certification under sub. (1).