Wisconsin § 196.53 Franchise, foreign corporation not to have.

Wisconsin Statutes

§ 196.53 — Franchise, foreign corporation not to have.

Wisconsin § 196.53

Ch. 196Regulation of public utilities

This text of Wisconsin § 196.53 (Franchise, foreign corporation not to have.) 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. § 196.53 (2026).

Text

196.53  No license, permit or franchise to own, operate, manage or control any plant or equipment for the production, transmission, delivery or furnishing of heat, light, water or power may be granted or transferred to a foreign corporation. This section does not apply to an independent system operator, as defined in s. 196.485 (1) (d) , or an independent transmission owner, as defined in s. 196.485 (1) (dm) , that is approved by the applicable federal agency, as defined in s. 196.485 (1) (c) , and that controls transmission facilities, as defined in s. 196.485 (1) (h) , in this and another state.

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196.53 No license, permit or franchise to own, operate, manage or control any plant or equipment for the production, transmission, delivery or furnishing of heat, light, water or power may be granted or transferred to a foreign corporation. This section does not apply to an independent system operator, as defined in s. 196.485 (1) (d) , or an independent transmission owner, as defined in s. 196.485 (1) (dm) , that is approved by the applicable federal agency, as defined in s. 196.485 (1) (c) , and that controls transmission facilities, as defined in s. 196.485 (1) (h) , in this and another state.