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Current as of January 01, 2025 | Updated by Findlaw Staff
An action for the recovery of money may be commenced and prosecuted against a foreign corporation although such corporation may have ceased to act as a corporation in the same manner as though it had not so ceased to act; and the judgment may be enforced against property in this state which such corporation has any interest in or would have an interest in had the same not ceased to act as aforesaid, whether held or controlled by it or by a trustee, assignee, agent or other person for the use and benefit in whole or in part of such corporation or the creditors thereof or both.
Cite this article: FindLaw.com - Wisconsin Statutes Foreign Corporations (Ch. 226) § 226.12. Liability of inactive foreign corporation - last updated January 01, 2025 | https://codes.findlaw.com/wi/foreign-corporations-ch-226/wi-st-226-12/
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.
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