2010 Wisconsin Code
Chapter 180. Business corporations.
180.1835 Limited liability.


180.1835 Limited liability. The failure of a statutory close corporation to observe usual corporate formalities or requirements relating to the exercise of its corporate powers or the management of its business and affairs is not grounds for imposing personal liability on the shareholders for obligations of the corporation.

180.1835 - ANNOT.

History: 1989 a. 303.

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