Terms Used In Wisconsin Statutes 180.0201

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
   (1)    One or more persons may act as the incorporator or incorporators of a corporation.
   (2)   Following the incorporation of a corporation, a majority of the corporation’s incorporators or their survivors may take any action permitted by this chapter to be taken by its incorporators.