Skip to main content
Find a Lawyer

Wisconsin Statutes Corporations (Ch. 180 to 188) § 180.1401. Dissolution before issuance of shares

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) The incorporators or the board of directors of a corporation that has not issued shares may authorize the dissolution of the corporation.

(2) At any time after dissolution is authorized under sub. (1), the corporation may dissolve by delivering to the department for filing articles of dissolution that include all of the following:

(a) The name of the corporation.

(b) The date of its incorporation.

(c) A statement that none of the corporation's shares has been issued.

(d) A statement that no debt of the corporation remains unpaid.

(e) A statement that the incorporators or the board of directors, specifying which, authorized the dissolution in accordance with this section.

(3) A corporation is dissolved under this section on the effective date of its articles of dissolution.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Wisconsin Statutes Corporations (Ch. 180 to 188) § 180.1401. Dissolution before issuance of shares - last updated January 01, 2025 | https://codes.findlaw.com/wi/corporations-ch-180-to-188/wi-st-180-1401/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard