Wisconsin Statutes 111.08 – Financial reports to employees
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Wisconsin Statutes 111.08
- Collective bargaining: means the negotiation by an employer and a majority of the employer's employees in a collective bargaining unit, or their representatives, concerning representation or terms and conditions of employment of such employees, in a mutually genuine effort to reach an agreement with reference to the subject under negotiation. See Wisconsin Statutes 111.02
- Commission: means the employment relations commission. See Wisconsin Statutes 111.02
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- person: includes one or more individuals, partnerships, associations, corporations, limited liability companies, legal representatives, trustees or receivers. See Wisconsin Statutes 111.02
- representative: includes any person chosen by an employee to represent the employee. See Wisconsin Statutes 111.02
Every person acting as the representative of employees for collective bargaining shall keep an adequate record of its financial transactions and shall present annually to each member within 60 days after the end of its fiscal year a detailed written financial report thereof in the form of a balance sheet and an operating statement. In the event of failure of compliance with this section, any member may petition the commission for an order compelling such compliance. An order of the commission on such petition shall be enforceable in the same manner as other orders of the commission under this subchapter.