Wisconsin Statutes 181.1108 – Bequests, devises, and gifts
Current as of: 2023 | Check for updates
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Terms Used In Wisconsin Statutes 181.1108
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, that is made to a constituent business entity and that takes effect or remains payable after the merger, inures to the surviving business entity unless the will or other instrument otherwise specifically provides.