2003 - 2004 LEGISLATURE
February 23, 2004 - Introduced by Representative Montgomery. Referred to
Committee on Financial Institutions.
1An Act to renumber
181.0708 (1); to renumber and amend
181.0821 (1); to
181.0820 (3) (a) 1.; and to create
181.0708 (1m) and 181.0821 (1m) of 3
the statutes; relating to: meetings of the board and members of nonprofit
Analysis by the Legislative Reference Bureau
Under current law, members of a nonprofit corporation and their
representatives may hold a meeting in person or via a telephone conference.
Similarly, members of a nonprofit corporation and their representatives may settle
issues by a vote held in person or by a written ballot, if certain procedural
requirements are met to ensure accountability and fair representation.
This bill allows members of a nonprofit corporation and their representatives
to hold meetings and settle issues via electronic communications or electronic ballot
if requirements are met that ensure the same level of accountability and fair
representation as under current law.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB890, s. 1
181.0708 (1) of the statutes is renumbered 181.0708 (1r).
AB890, s. 2
181.0708 (1m) of the statutes is created to read:
181.0708 (1m) Definition.
In this section, "written ballot" includes a ballot 2
transmitted or received by electronic means.
AB890, s. 3
181.0820 (3) (a) 1. of the statutes is amended to read:
(a) 1. All participating directors may simultaneously hear or read 5
each other other's communications
during the meeting.
AB890, s. 4
181.0821 (1) of the statutes is renumbered 181.0821 (1r) and 7
amended to read:
181.0821 (1r) Method.
An action required or permitted to be taken at a board 9
meeting may be taken without a meeting if a consent in writing setting forth the 10
action is signed by all of the directors then in office. If the articles of incorporation 11or bylaws
so provide, an action required or permitted to be taken at a board meeting 12
may be taken by written action signed by two-thirds of the directors then in office.
AB890, s. 5
181.0821 (1m) of the statutes is created to read:
181.0821 (1m) Definitions.
In this section:
(a) "In writing" or "written" includes a communication that is transmitted or 16
received by electronic means.
(b) "Sign" includes executing an electronic signature.