Wisconsin § 193.571 Member authority concerning certain cooperative property.

Wisconsin Statutes

§ 193.571 — Member authority concerning certain cooperative property.

Wisconsin § 193.571

Ch. 193Unincorporated cooperative associations

Subch.subch. V of ch. 193 SUBCHAPTER V

MEMBERS

This text of Wisconsin § 193.571 (Member authority concerning certain cooperative property.) 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. § 193.571 (2026).

Text

193.571  Except as provided in s. 193.443 , a cooperative may sell, lease, transfer, or otherwise dispose of all or substantially all of its property and assets, including its good will, not in the usual and regular course of its business, upon those terms and conditions that the board considers expedient, when approved by the affirmative vote of the members owning a majority of the voting power of the interests entitled to vote and by the board. Notwithstanding s. 193.511 (6) , 193.515 (3) , and 193.553 , written notice of any members’ meeting at which a vote will be taken under this section shall be given to all members. The written notice shall state that a purpose of the meeting is to consider the sale, lease, transfer, or other disposition of all or substantially all of the property a

Free access — add to your briefcase to read the full text and ask questions with AI

193.571 Except as provided in s. 193.443 , a cooperative may sell, lease, transfer, or otherwise dispose of all or substantially all of its property and assets, including its good will, not in the usual and regular course of its business, upon those terms and conditions that the board considers expedient, when approved by the affirmative vote of the members owning a majority of the voting power of the interests entitled to vote and by the board. Notwithstanding s. 193.511 (6) , 193.515 (3) , and 193.553 , written notice of any members’ meeting at which a vote will be taken under this section shall be given to all members. The written notice shall state that a purpose of the meeting is to consider the sale, lease, transfer, or other disposition of all or substantially all of the property and assets of the cooperative.