There is a newer version
of
this Section
2017 Wisconsin Statutes & Annotations
Chapter 193. Unincorporated cooperative associations.
193.445 Audit committee.
Universal Citation: WI Stat § 193.445 (2017)
193.445 Audit committee. The board shall establish an audit committee, consisting of members who will ensure an independent review of the cooperative's finances, to review the financial information and accounting reports of the cooperative. The board shall present audited financial statements to the members unless all of the following apply:
(1) The articles or bylaws permit financial statements that are not audited.
(2) The financial statements clearly state that they are not audited and a statement is included in the financial statement describing the difference between the financial statements and audited financial statements that are prepared according to generally accepted accounting processes.
History: 2005 a. 441.
Disclaimer: These codes may not be the most recent version. Wisconsin may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
