Wisconsin § 180.0603 Issued and outstanding shares.

Wisconsin Statutes

§ 180.0603 — Issued and outstanding shares.

Wisconsin § 180.0603

Ch. 180Business corporations

Subch.subch. VI of ch. 180 SUBCHAPTER VI

SHARES AND DISTRIBUTIONS

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Bluebook

Wis. Stat. § 180.0603 (2026).

Text

180.0603 180.0603(1) (1) A corporation may issue the number of shares of each class or series authorized by the articles of incorporation. If an investment company has authorized an indefinite number of shares, there is no limit on the number of shares that the investment company may issue. Shares that are issued are outstanding shares until they are reacquired, redeemed, converted or canceled. 180.0603(2) (2) The reacquisition, redemption or conversion of outstanding shares is subject to the limitations of sub.

(3)and to s. 180.0640 . 180.0603(3) (3) At all times that shares of the corporation are outstanding, there must be outstanding one or more shares that together have unlimited voting rights and one or more shares, which may be the same share or shares as those with unlimited voting

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180.0603
180.0603(1) (1) A corporation may issue the number of shares of each class or series authorized by the articles of incorporation. If an investment company has authorized an indefinite number of shares, there is no limit on the number of shares that the investment company may issue. Shares that are issued are outstanding shares until they are reacquired, redeemed, converted or canceled.
180.0603(2) (2) The reacquisition, redemption or conversion of outstanding shares is subject to the limitations of sub. (3) and to s. 180.0640 .
180.0603(3) (3) At all times that shares of the corporation are outstanding, there must be outstanding one or more shares that together have unlimited voting rights and one or more shares, which may be the same share or shares as those with unlimited voting rights, that together are entitled to receive the net assets of the corporation upon dissolution.