Wisconsin Statutes Transportation (Ch. 189 to 195) § 193.935. Procedure in involuntary or court-supervised voluntary dissolution

(a) Issue injunctions.

(b) Appoint receivers temporarily, until the conclusion of a hearing under sub. (2), with all powers and duties that the court directs.

(c) Take actions required to preserve the cooperative's assets wherever located.

(d) Carry on the business of the cooperative.

(a) Applying the assets and proceeds to cover attorney fees and disbursements made in connection with the proceedings and the other costs and expenses of the proceedings.

(b) Applying the assets and proceeds to cover debts, taxes, and assessments owing to the United States, this state, and other states, in that order.

(c) Applying the assets and proceeds to cover worker's compensation claims for which the cooperative is liable under ch. 102, except that this paragraph does not apply to a claim if, at the time of injury, as defined in s. 102.01(2)(g), the cooperative had in force a policy of worker's compensation insurance as required under s. 102.28(2)(a).

(d) Applying the assets and proceeds to cover claims of employees for services performed within 3 months preceding the appointment of the receiver, if any.

(e) Applying the assets and proceeds to cover other claims proved and allowed.

(f) Distributing the assets and proceeds to the members or pursuant to a liquidation plan approved by the members.