Wisconsin § 181.1431 Procedure for judicial dissolution.

Wisconsin Statutes

§ 181.1431 — Procedure for judicial dissolution.

Wisconsin § 181.1431

Ch. 181Nonstock corporations

Subch.subch. XIV of ch. 181 SUBCHAPTER XIV

DISSOLUTION

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Bluebook

Wis. Stat. § 181.1431 (2026).

Text

1431
1431(1) (1) Who are parties. It is not necessary to make directors or members parties to a proceeding to dissolve a corporation unless relief is sought against them individually.
1431(2) (2) Powers of court. A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver or custodian pendente lite with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located, and carry on the activities of the corporation until a full hearing can be held.

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181.1431
181.1431(1) (1) Who are parties. It is not necessary to make directors or members parties to a proceeding to dissolve a corporation unless relief is sought against them individually.
181.1431(2) (2) Powers of court. A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver or custodian pendente lite with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located, and carry on the activities of the corporation until a full hearing can be held.