The board shall adopt policies and procedures that specify all of the following:

Terms Used In Wisconsin Statutes 238.09

  • 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.
  • Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
   (1)   When the corporation is required to publicly solicit proposals from multiple vendors of goods or services.
   (2)   How the corporation is to evaluate proposals from multiple vendors.
   (3)   How the corporation is to assess any conflict of interest a vendor may have if the vendor sells goods or services to the corporation.