§ 180.1401 — Dissolution before issuance of shares.

Wisconsin § 180.1401

• Jurisdiction: Wisconsin
• Ch. 180: Business corporations
• Subch.: subch. XIV of ch. 180 SUBCHAPTER XIV

Text

180.1401
180.1401(1) (1) The incorporators or the board of directors of a corporation that has not issued shares may authorize the dissolution of the corporation.
180.1401(2) (2) At any time after dissolution is authorized under sub. (1) , the corporation may dissolve by delivering to the department for filing articles of dissolution that include all of the following:
180.1401(2)(a) (a) The name of the corporation.
180.1401(2)(b) (b) The date of its incorporation.
180.1401(2)(c) (c) A statement that none of the corporation’s shares has been issued.
180.1401(2)(d) (d) A statement that no debt of the corporation remains unpaid.
180.1401(2)(e) (e) A statement that the incorporators or the board of directors, specifying which, authorized the dissolution in accordance with this section.
180.1401(3) (3) A corporation is dissolved under this section on the effective date of its articles of dissolution.

Legislative History

180.1401 History History: 1989 a. 303 ; 1995 a. 27 .