2011 Wisconsin Code
Chapter 181. Nonstock corporations.
181.0622 Purchase of memberships.

181.0622

181.0622 Purchase of memberships. A corporation may purchase the membership of a member who resigns or whose membership is terminated for the amount and pursuant to the conditions set forth in or authorized by its articles of incorporation or bylaws. A corporation may not make a payment under this section that violates s. 181.1302 (1).

181.0622 - ANNOT.

History: 1997 a. 79.

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