Wisconsin § 180.1323 Duty to demand payment.

Wisconsin Statutes

§ 180.1323 — Duty to demand payment.

Wisconsin § 180.1323

Ch. 180Business corporations

Subch.subch. XIII of ch. 180 SUBCHAPTER XIII

DISSENTERS’ RIGHTS

This text of Wisconsin § 180.1323 (Duty to demand payment.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 180.1323 (2026).

Text

180.1323 180.1323(1) (1) A shareholder or beneficial shareholder who is sent a dissenters’ notice described in s. 180.1322 , or a beneficial shareholder whose shares are held by a nominee who is sent a dissenters’ notice described in s. 180.1322 , must demand payment in writing and certify whether he or she acquired beneficial ownership of the shares before the date specified in the dissenters’ notice under s. 180.1322 (2) (c) . A shareholder or beneficial shareholder with certificated shares must also deposit his or her certificates in accordance with the terms of the notice. 180.1323(2) (2) A shareholder or beneficial shareholder with certificated shares who demands payment and deposits his or her share certificates under sub.

(1)retains all other rights of a shareholder or beneficial s

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180.1323
180.1323(1) (1) A shareholder or beneficial shareholder who is sent a dissenters’ notice described in s. 180.1322 , or a beneficial shareholder whose shares are held by a nominee who is sent a dissenters’ notice described in s. 180.1322 , must demand payment in writing and certify whether he or she acquired beneficial ownership of the shares before the date specified in the dissenters’ notice under s. 180.1322 (2) (c) . A shareholder or beneficial shareholder with certificated shares must also deposit his or her certificates in accordance with the terms of the notice.
180.1323(2) (2) A shareholder or beneficial shareholder with certificated shares who demands payment and deposits his or her share certificates under sub. (1) retains all other rights of a shareholder or beneficial shareholder until these rights are canceled or modified by the effectuation of the corporate action.
180.1323(3) (3) A shareholder or beneficial shareholder with certificated or uncertificated shares who does not demand payment by the date set in the dissenters’ notice, or a shareholder or beneficial shareholder with certificated shares who does not deposit his or her share certificates where required and by the date set in the dissenters’ notice, is not entitled to payment for his or her shares under ss. 180.1301 to 180.1331 .