441,96
Section
96. 234.59 (1) (d) 3. of the statutes is amended to read:
234.59 (1) (d) 3. A dwelling unit in a condominium or, a cooperative, or an unincorporated cooperative association, together with an interest in common areas, if the unit is or will be the principal residence of an applicant.
441,97
Section
97. 234.622 (7) of the statutes is amended to read:
234.622 (7) "Qualifying dwelling unit" means a dwelling unit, not including a mobile home as defined in s. 66.0435, located in this state, habitable as a permanent residence and to which property taxes or special assessments are, or may conveniently be, allocated and up to one acre of land appertaining to it held in the same ownership as the dwelling unit. For purposes of ss. 234.621 to 234.626, "qualifying dwelling unit" includes a unit in a condominium or in a cooperative or an unincorporated cooperative association or in a multi-unit dwelling with 4 or fewer units, but in all of these 3 cases only the portion of taxes or special assessments allocable to the unit lived in by the participant may qualify for loans under ss. 234.621 to 234.626.
441,98
Section
98. 421.301 (28) of the statutes is amended to read:
421.301 (28) "Organization" means a corporation, government or governmental subdivision or agency, trust, estate, limited liability company, partnership, cooperative or association other than a cooperative organized under ch. 185 or 193 which has gross annual revenues not exceeding $5 million.
441,99
Section
99. 445.01 (8) of the statutes is amended to read:
445.01 (8) "Person" includes firm, corporation, partnership, cooperative, unincorporated cooperative association, and association of individuals.
441,100
Section
100. 445.12 (3) (a) of the statutes is amended to read:
445.12 (3) (a) The solicitation of memberships or the sale of stock or memberships in any association organized under ch. 185 or 193 by any person who is not a licensed funeral director.
441,101
Section
101. 551.22 (12) of the statutes is amended to read:
551.22 (12) Any securities of a cooperative corporation organized under ch. 185 or 193.
441,102
Section
102. 560.16 (1) (c) (intro.) of the statutes is amended to read:
560.16
(1) (c) (intro.) "Employee-owned business" means a business located in this state which is organized in a manner determined by the secretary to involve substantial employee participation or a cooperative organized under ch. 185
or 193 or a corporation in which the employees own the stock of the corporation through an employee stock ownership plan as defined under
26 USC 4975 (e) (7) and in which:
441,103
Section
103. 560.17 (1) (b) of the statutes is amended to read:
560.17 (1) (b) "Business" includes cooperatives organized under ch. 185 or 193.
441,104
Section
104. 560.9801 (1) (b) of the statutes is amended to read:
560.9801 (1) (b) A nonprofit cooperative organized under ch. 185 or 193.
441,105
Section
105. 560.9801 (3) (a) 7. of the statutes is amended to read:
560.9801 (3) (a) 7. If the housing is owned and occupied by members of a cooperative or an unincorporated cooperative association, fees paid to a person for managing the housing.
441,106
Section
106. 560.9804 (2) (e) of the statutes is amended to read:
560.9804 (2) (e) A cooperative organized under ch. 185 or 193, if the articles of incorporation, articles of organization, or bylaws of the cooperative limit the rate of dividend that may be paid on all classes of stock.
441,107
Section
107. 600.03 (37m) of the statutes, as affected by 2005 Wisconsin Act .... (Senate Bill 617), is amended to read:
600.03 (37m) "Preferred provider plan" means a health care plan, as defined in s. 628.36 (2) (a) 1., that is offered by an organization established under ch. 185 or 193, 611, 613, or 614 or issued a certificate of authority under ch. 618 and that makes available to its enrollees, without referral and for consideration other than predetermined periodic fixed payments, coverage of either comprehensive health care services or a limited range of health care services, regardless of whether the health care services are performed by participating, as defined in s. 609.01 (3m), or nonparticipating providers, as defined in s. 609.01 (5m).
441,108
Section
108. 609.01 (2) of the statutes is amended to read:
609.01 (2) "Health maintenance organization" means a health care plan offered by an organization established under ch. 185 or 193, 611, 613 or 614 or issued a certificate of authority under ch. 618 that makes available to its enrollees, in consideration for predetermined periodic fixed payments, comprehensive health care services performed by providers participating in the plan.
441,109
Section
109. 616.09 (1) (c) 1. of the statutes is amended to read:
616.09 (1) (c) 1. Plans authorized under s. 616.06 are subject to ch. 185 or 193, as applicable, except that ss. 185.03 (5) and (6), 185.05 (1) (c), 185.55, 185.61, 185.62, 185.63, 185.64, 185.71 to 185.76 and, 185.81, 193.151, 193.215 (2) (a) 2., 193.225, 193.301 (9), 193.801, 193.805, 193.905 to 193.971, and those provisions applicable to cooperatives or unincorporated cooperative associations with stock do not apply.
706.05 (2m) (b) 2. Descriptions of property that is subject to liens granted on property thereafter acquired by a rural electric cooperative organized under ch. 185,
, or by a telephone cooperative, organized under ch. 185 or 193, by a pipeline company under s. 76.02 (5), by a public utility under s. 196.01 (5) or, by a railroad under s. 195.02 (1), or by a water carrier under s. 195.02 (5).
441,111
Section
111. 815.18 (2) (c) of the statutes is amended to read:
815.18 (2) (c) "Debtor" means an individual. "Debtor" does not include an association, a corporation, a partnership, a cooperative, an unincorporated cooperative association, or a political body.
441,112
Section
112. 893.28 (2) of the statutes is amended to read:
893.28 (2) Continuous use of rights in real estate of another for at least 10 years by a domestic corporation organized to furnish telegraph or telecommunications service or transmit heat, power or electric current to the public or for public purposes, or by a cooperative association organized under ch. 185 or 193 to furnish telegraph or telecommunications service, or by a cooperative organized under ch. 185 to transmit heat, power or electric current to its members, establishes the prescriptive right to continue the use, except as provided by s. 893.29. A person who has established a prescriptive right under this subsection may commence an action to establish prescriptive rights under ch. 843.
441,113
Section
113. 946.69 (1) (c) of the statutes is amended to read:
946.69 (1) (c) A cooperative association organized under ch. 185 or 193 to furnish or provide telecommunications service, or a cooperative organized under ch. 185 to furnish or provide gas, electricity, power or water.
441,114
Section
114. 990.01 (14) of the statutes is amended to read:
990.01 (14) Homestead exemption. "Exempt homestead" means the dwelling, including a building, condominium, mobile home, house trailer or cooperative or an unincorporated cooperative association, and so much of the land surrounding it as is reasonably necessary for its use as a home, but not less than 0.25 acre, if available, and not exceeding 40 acres, within the limitation as to value under s. 815.20, except as to liens attaching or rights of devisees or heirs of persons dying before the effective date of any increase of that limitation as to value.
441,115
Section
115.
Effective date.
(1) This act takes effect on September 1, 2005, or on the day after publication, whichever is later.
