Wisconsin Statutes 199.04 – Citizens utility board: formation and membership
Current as of: 2023 | Check for updates
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Terms Used In Wisconsin Statutes 199.04
- Corporation: means the citizens utility board. See Wisconsin Statutes 199.03
- 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.
- Member: means any person who satisfies the requirements for membership under…. See Wisconsin Statutes 199.03
- Preceding: when used by way of reference to any statute section, means the section next preceding that in which the reference is made. See Wisconsin Statutes 990.01
- Residential utility consumer: includes , but is not limited to, an individual engaged in farming as defined under…. See Wisconsin Statutes 199.03
- State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
(1) There is created a nonprofit public body corporate and politic to be known as the “Citizens Utility Board”. Any residential utility consumer at least 18 years old who has contributed at least $3 but not more than $100 in membership fees to the corporation in the preceding 12 months shall be a member of the corporation. A member may resign from membership at any time.
(2) Notwithstanding any other provision of this chapter or any other provision of law, if the corporation does not receive contributions from at least 1,000 citizens of this state within 5 years of November 29, 1979, and if the corporation does not receive at least $10,000 within 5 years of November 29, 1979, the corporation shall be dissolved.