Appeal from revocation

Wis. Stat. § 181.1532, under NONSTOCK CORPORATIONS.

Wis. Stat. § 181.1532

181.1532 Appeal from revocation. (1) RIGHT TO APPEAL. A foreign corporation may appeal the department’s revocation of its certificate of authority under s. 181.1530 (1) to the circuit court for the county where the foreign corporation’s principal office or, if none exists in this state, its registered office is located, within 30 days after the effective date of the notice of revocation. The foreign corporation shall appeal by petitioning the court to set aside the revocation and attaching to the petition copies of its certificate of authority and the department’s notice of revocation. (2) PERMISSIBLE REMEDIES. The court may order the department to reinstate the certificate of authority or may take any other action that the court considers appropriate. (3) APPEAL OF JUDICIAL DECISION. The court’s final decision may be appealed as in other civil proceedings. History: 1997 a. 79; 2001 a. 44.

SUBCHAPTER XVI RECORDS AND REPORTS 181.1601

Corporate records. (1) MINUTES AND A corporation shall keep as permanent records minutes of all meetings of its members and board, a record of all actions taken by the members or directors without a meeting, and a record of all actions taken by committees of the board as authorized under s. 181.0825. (2) ACCOUNTING RECORDS. A corporation shall maintain appropriate accounting records. (3) MEMBERSHIP RECORDS. A corporation or its agent shall maintain a record of its members in a form that permits preparation of a list of the name and address of all members, in alphabetical order by class, showing the number of votes each member is entitled to cast. (4) FORM. A corporation shall maintain its records in written form or in another form capable of conversion into written form within a reasonable time. (5) COPIES AT PRINCIPAL OFFICE. A corporation shall keep a copy of all of the following records at its principal office: (a) Its articles of incorporation and all amendments to them currently in effect. (b) Its bylaws or restated bylaws and all amendments to them currently in effect. (c) Resolutions adopted by its board relating to the characteristics, qualifications, rights, limitations and obligations of members or any class or category of members. (d) The minutes of all meetings of members and records of all actions approved by the members for the past 3 years. (e) The financial statements furnished for the past 3 years under s. 181.1620. (f) A list of the names and business or home addresses of its current directors and officers. (g) Its most recent annual report delivered to the department under s. 181.0214. RECORDS OF ACTION.

History: 1997 a. 79; 2021 a. 258.