SB36: Bill Text

SB36,16 Section 16. 181.0202 (2) (d) of the statutes is created to read:

SB36,6,1 181.0202 (2) (d) The month in which the corporation will file its annual report.

SB36,17 Section 17. 181.1002 (1) (h) of the statutes is created to read:

SB36,6,5 181.1002 (1) (h) If the articles of incorporation identify a month in which the corporation will file its annual report as provided in s. 181.0202 (2) (d), to change the month of filing.

SB36,18 Section 18. 181.1503 (1m) of the statutes is created to read:

SB36,6,9 181.1503 (1m) A foreign corporation may, in its application for a certificate of authority under sub. (1), identify the month in which the foreign corporation will file its annual report.

SB36,19 Section 19. 181.1504 (1) (d) of the statutes is created to read:

SB36,6,13 181.1504 (1) (d) The month in which the foreign corporation will file its annual report, if the foreign corporation has previously identified a month for filing under s. 181.1503 (1m).

SB36,20 Section 20. 181.1622 (3) of the statutes is amended to read:

SB36,6,23 181.1622 (3) Filing deadline. (a) A domestic corporation shall deliver its annual report to the department in each year following the calendar year in which the domestic corporation was incorporated or domesticated under s. 181.1533,. If the domestic corporation has identified a month for filing its annual report as provided in s. 181.0202 (2) (d), the domestic corporation shall deliver its annual report to the department during that month. If the domestic corporation has not identified a month for filing under s. 181.0202 (2) (d), the domestic corporation shall deliver its annual report to the department during the calendar year quarter in which the anniversary date of incorporation occurs.

SB36,7,7 (b) A foreign corporation authorized to transact business in this state shall deliver its annual report to the department during the first calendar quarter of in each year following the calendar year in which the foreign corporation becomes authorized to transact business in this state. If the foreign corporation has identified a month for filing its annual report as provided in s. 181.1503 (1m), the foreign corporation shall deliver its annual report to the department during that month. If the foreign corporation has not identified a month for filing under s. 181.1503 (1m), the foreign corporation shall deliver its annual report to the department during the first calendar quarter of the year.

SB36,21 Section 21. 183.0109 (1) (b) of the statutes is amended to read:

SB36,7,13 183.0109 (1) (b) The forms prescribed by the department under par. (a) 1. to 4. shall require disclosure of only the information required under ss. 183.1004, 183.1006, 183.1011, and 183.0120, respectively , but the forms prescribed under par. (a) 1. and 2. shall also allow an opportunity to provide the information under s. 183.1004 (2m).

SB36,22 Section 22. 183.0120 (3) of the statutes is renumbered 183.0120 (3) (a) and amended to read:

SB36,8,2 183.0120 (3) (a) A domestic limited liability company shall deliver its annual report to the department during in each year following the calendar quarter during which each anniversary of the effective date of year in which the limited liability company's articles of organization became effective under s. 183.0111 occurs. If the domestic limited liability company has identified a month for filing its annual report as provided in s. 183.0202 (2m), the domestic limited liability company shall deliver its annual report to the department during that month. If the domestic limited liability company has not identified a month for filing under s. 183.0202 (2m), the domestic limited liability company shall deliver its annual report to the department during the calendar year quarter during which each anniversary of the effective date of the limited liability company's articles of organization under s. 183.0111 occurs.

SB36,8,12 (b) A foreign limited liability company registered to transact business in this state shall deliver its annual report to the department during the first calendar quarter of in each year following the calendar year in which the foreign limited liability company becomes registered to transact business in this state. If the foreign limited liability company has identified a month for filing its annual report as provided in s. 183.1004 (2m), the foreign limited liability company shall deliver its annual report to the department during that month. If the foreign limited liability company has not identified a month for filing under s. 183.1004 (2m), the foreign limited liability company shall deliver its annual report to the department during the first calendar quarter of the year.

SB36,23 Section 23. 183.0202 of the statutes is renumbered 183.0202 (1m), and 183.0202 (1m) (intro.), as renumbered, is amended to read:

SB36,8,16 183.0202 (1m) (intro.) The Except as provided in sub. (2m), the articles of organization shall contain all of and only the following information:

SB36,24 Section 24. 183.0202 (2m) of the statutes is created to read:

SB36,8,19 183.0202 (2m) The articles of organization may identify the month in which the limited liability company will file its annual report.

SB36,25 Section 25. 183.1004 of the statutes is renumbered 183.1004 (1m).

SB36,26 Section 26. 183.1004 (2m) of the statutes is created to read:

SB36,8,24 183.1004 (2m) A foreign limited liability company may, in its application for a certificate of registration under sub. (1m), identify the month in which the foreign limited liability company will file its annual report.

SB36,27 Section 27. 183.1006 (1) (d) of the statutes is created to read:

SB36,9,3 183.1006 (1) (d) The month in which the foreign limited liability company will file its annual report, if the foreign limited liability company has previously identified a month for filing under s. 183.1004 (2m).

SB36,28 Section 28. 185.05 (2) of the statutes is amended to read:

SB36,9,11 185.05 (2) It is not necessary to set forth in the articles any of the powers granted by this chapter. The articles may include additional provisions, consistent with law, including provisions which are required or permitted to be set forth in the bylaws. Any provision required or permitted in the bylaws has equal force and effect if stated in the articles. Whenever a provision of the articles is inconsistent with a bylaw, the articles control. The articles may also identify the month in which the cooperative will file its annual report.

SB36,29 Section 29. 185.48 (3) of the statutes is renumbered 185.48 (3) (a) and amended to read:

SB36,9,21 185.48 (3) (a) The annual report shall be delivered to the department in each year following the calendar year in which the cooperative's articles are filed by the department,. If the cooperative has identified a month for filing its annual report as provided in s. 185.05 (2), the cooperative shall deliver its annual report to the department during that month. If the cooperative has not identified a month for filing its annual report under s. 185.05 (2), the cooperative shall deliver its annual report to the department during the calendar year quarter in which the anniversary of the filing of the cooperative's articles occurs.

SB36,9,25 (b) If the annual report does not conform to requirements, it shall be returned to the cooperative for necessary corrections. The penalties for failure to file such the annual report shall not apply if it is corrected and returned within 30 days after receipt thereof.

SB36,30 Section 30. 185.48 (5) of the statutes is amended to read:

SB36,10,10 185.48 (5) If the annual report is not filed within a year from the first day of the quarter calendar year time in which the report is required, under sub. (3) (a), to be delivered, the cooperative is not in good standing. Within the next 6 months the department shall mail to the cooperative a notice that it is no longer in good standing. If a cooperative has been out of good standing for more than 3 consecutive years immediately prior to January 1, 1978, the department shall provide only the notice required under s. 185.72 (3). Until restored to good standing, the department shall not accept for filing any document respecting such cooperative except those incident to its dissolution.

SB36,10,11 (End)