2010 Wisconsin Code
Chapter 180. Business corporations.
180.1324 Restrictions on uncertificated shares.

180.1324

180.1324 Restrictions on uncertificated shares.

180.1324(1)

(1) The issuer corporation 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. 180.1326.

180.1324(2)

(2) 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.

180.1324 - ANNOT.

History: 1989 a. 303.

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