Wisconsin § 193.735 Distribution of unclaimed property.

Wisconsin Statutes

§ 193.735 — Distribution of unclaimed property.

Wisconsin § 193.735

Ch. 193Unincorporated cooperative associations

Subch.subch. VII of ch. 193 SUBCHAPTER VII

CONTRIBUTIONS, ALLOCATIONS, AND DISTRIBUTIONS

This text of Wisconsin § 193.735 (Distribution of unclaimed 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. § 193.735 (2026).

Text

735
735(1) (1) Alternate procedure to distribute property. Notwithstanding ch. 177 , a cooperative may distribute any property required to be reported under subch. IV of ch. 177 to an entity that is exempt from taxation under section 501 (a) of the Internal Revenue Code. A cooperative making a distribution under this subsection shall file all of the following with the secretary of revenue before making the distribution:
735(1)(a) (a) A verified written description and explanation of the distribution.
735(1)(c) (c) The name, address, and exemption number of the entity to which the property is to be distributed.
735(1)(d) (d) The approximate date of the distribution.
735(2) (2) Reporting procedure not affected. Subsection (1) does not affect the requirement that a coo

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193.735
193.735(1) (1) Alternate procedure to distribute property. Notwithstanding ch. 177 , a cooperative may distribute any property required to be reported under subch. IV of ch. 177 to an entity that is exempt from taxation under section 501 (a) of the Internal Revenue Code. A cooperative making a distribution under this subsection shall file all of the following with the secretary of revenue before making the distribution:
193.735(1)(a) (a) A verified written description and explanation of the distribution.
193.735(1)(c) (c) The name, address, and exemption number of the entity to which the property is to be distributed.
193.735(1)(d) (d) The approximate date of the distribution.
193.735(2) (2) Reporting procedure not affected. Subsection (1) does not affect the requirement that a cooperative report property under subch. IV of ch. 177 .
193.735(3) (3) Owner’s right extinguished on disbursement. The articles or bylaws may provide that a distribution under sub. (1) extinguishes all rights of the owner in and to the distributed property.