MISCELLANEOUS CORPORATE PROVISIONS; TURNPIKE CORPORATIONS
Corporations and trusts prohibited from owning or carrying on farming operations.
Charitable corporations and community funds, amending articles.
Business records; other duties of department of financial institutions.
Special power to transfer property of nonstock corporation.
Public utility corporation directors; not to delegate duty to manage; removal by commission.
River improvement corporations may flow lands.
Transmission lines; privileges; damages.
Damage to transmission facilities.
Wires over railroads.
Damages for nondelivery of message or power.
Driving park corporation.
Lyceum, libraries and art galleries.
Universities and colleges may unite.
Corporations having church affiliations.
Railway equipment companies.
Title to property after dissolution.
Mutual telecommunications company; quorum; proxies.
Mutual telecommunications company; dividends.
Examination by attorney general and legislature.
Facsimile signatures on corporate obligations.
Transfers from joint tenants.
Stock transfers on books, how compelled.
Turnpike act; title.
Issuance of bonds.
Acquisition of lands and interests therein.
Authority to construct grade separations and relocate public roads, streets, highways, railroads and public utilities.
Rights of public utilities.
Use of state lands.
Corporation to be nonprofit.
Not to be considered public utilities.
Limitations on powers.
Motor vehicle laws to apply.
State may acquire.
Establishment of foreign trade zones.
Wisconsin Valley Improvement Company.
The Chippewa and Flambeau Improvement Company.
Corporations and trusts prohibited from owning or carrying on farming operations. 182.001(1)(1)
No corporation or trust may own land on which to carry on farming operations under sub. (3)
or carry on farming operations under sub. (3)
, unless the corporation or trust meets the following standards:
Its shareholders or beneficiaries do not exceed 15 in number. Lineal ancestors and lineal descendants, whether by blood or by adoption, and aunts, uncles and 1st cousins thereof count collectively as one shareholder or beneficiary for purposes of this paragraph, but this collective authorization shall not be used for more than one family in a single corporation or trust.
It does not have more than 2 classes of shares.
All its shareholders or beneficiaries, other than any estate, are natural persons.