Wisconsin Statutes 611.69 – Dividends and other distributions
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Terms Used In Wisconsin Statutes 611.69
- 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) Distributions. Subject to the requirements of ss. 617.22 and 617.225, a stock corporation may make distributions under ss. 180.0623, 180.0640 and 180.1708 (2).
(2) Unclaimed dividends and distributions. Chapter 177 applies to stock corporations.