Wisconsin § 221.0712 Restriction on uncertificated shares.

Wisconsin Statutes

§ 221.0712 — Restriction on uncertificated shares.

Wisconsin § 221.0712

Ch. 221State banks

Subch.subch. VII of ch. 221 SUBCHAPTER VII

SHARE EXCHANGE, MERGER AND CONSOLIDATION

This text of Wisconsin § 221.0712 (Restriction on uncertificated shares.) 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. § 221.0712 (2026).

Text

221.0712 221.0712(1) (1) When transfer restrictions permitted. The issuer bank may restrict the transfer of uncertificated shares from the date that the demand for payment for those shares is received until the corporate action is effectuated or the restrictions released under s. 221.0714 . 221.0712(2) (2) Effect of demand on holders of uncertificated shares. The shareholder or beneficial shareholder who asserts dissenters’ rights as to uncertificated shares retains all of the rights of a shareholder or beneficial shareholder, other than those restricted under sub.

(1), until these rights are canceled or modified by the effectuation of the corporate action.

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221.0712
221.0712(1) (1) When transfer restrictions permitted. The issuer bank may restrict the transfer of uncertificated shares from the date that the demand for payment for those shares is received until the corporate action is effectuated or the restrictions released under s. 221.0714 .
221.0712(2) (2) Effect of demand on holders of uncertificated shares. The shareholder or beneficial shareholder who asserts dissenters’ rights as to uncertificated shares retains all of the rights of a shareholder or beneficial shareholder, other than those restricted under sub. (1) , until these rights are canceled or modified by the effectuation of the corporate action.