Terms Used In Wisconsin Statutes > Chapter 204 > Subchapter II - Corporate Purposes

• 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.
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Officers: when applied to corporations include directors and trustees. See Wisconsin Statutes 990.01
• Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
• Property: includes real and personal property. See Wisconsin Statutes 990.01