183.0106(2)(m) (m) Indemnify a member, manager, employe, officer or agent or any other person.
183.0106(2)(n) (n) Transact any lawful business that the members or the managers find to be in aid of governmental policy.
183.0106(2)(o) (o) Make payments or donations, or do any other act not prohibited by law, that furthers the business of the limited liability company.
183.0106(2)(p) (p) Provide benefits or payments to members, managers, employes and agents of the limited liability company, and to their estates, families, dependents or beneficiaries, in recognition of the past services of the members, managers, employes and agents of the limited liability company.
183.0106 History History: 1993 a. 112.
183.0107 183.0107 Execution of documents.
183.0107(1) (1) Except as provided in this chapter, any document required or permitted by this chapter to be delivered for filing to the department shall be executed by a manager, if management of the limited liability company is vested in a manager or managers, or any member, if management of the limited liability company is reserved to the members.
183.0107(2) (2) The person executing the document shall sign it and state beneath or opposite the signature the person's name and the capacity in which the person signs.
183.0107(3) (3) The person executing the document may do so as an attorney-in-fact. Powers of attorney relating to the execution of the document do not need to be shown to or filed with the department.
183.0107 History History: 1993 a. 112; 1995 a. 27, 400.
183.0108 183.0108 Filing requirements.
183.0108(1)(1) Except as provided in sub. (3), to be filed under s. 183.0110, a document required or permitted to be filed under this chapter with the department shall satisfy all of the following requirements:
183.0108(1)(a) (a) Contain the information required by this chapter.
183.0108(1)(b) (b) Be in the English language, except that a limited liability company name need not be in English if it is written in English letters or Arabic or Roman numerals, and the application for registration required of a foreign limited liability company need not be in English if it is accompanied by a reasonably authenticated English translation.
183.0108(1)(c) (c) Contain the name of the drafter, if required by s. 182.01 (3).
183.0108(1)(d) (d) Be executed in accordance with s. 183.0107.
183.0108(1)(e) (e) Be on the form prescribed by the department if the document is described in s. 183.0109 (1).
183.0108(1)(f) (f) Be delivered to the office of the department for filing and be accompanied by one exact or conformed copy and the filing fee required by s. 183.0114.
183.0108(2) (2) The department shall file photocopies or other reproduced copies of typewritten or printed documents if the copies are manually signed and satisfy this section.
183.0108(3) (3) The department may waive any of the requirements of subs. (1) and (2) and of s. 183.0107 if it appears from the face of the document that the document's failure to satisfy the requirement is immaterial.
183.0108 History History: 1993 a. 112; 1995 a. 27.
183.0109 183.0109 Forms.
183.0109(1)(a)(a) The department shall prescribe, and furnish on request, forms for all of the following documents:
183.0109(1)(a)1. 1. A foreign limited liability company's application for a certificate of registration under s. 183.1004.
183.0109(1)(a)2. 2. A foreign limited liability company's application for an amended certificate of registration under s. 183.1006.
183.0109(1)(a)3. 3. A foreign limited liability company's application for a certificate of withdrawal under s. 183.1011.
183.0109(1)(a)4. 4. A foreign limited liability company's annual report under s. 183.0120.
183.0109(1)(b) (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.
183.0109(1)(c) (c) Use of a form prescribed under par. (a) is mandatory.
183.0109(2) (2) The department may prescribe, and furnish on request, forms for other documents required or permitted to be filed by this chapter, but use of these forms is not mandatory.
183.0109 History History: 1993 a. 112; 1995 a. 27, 225.
183.0110 183.0110 Filing duty of department of financial institutions.
183.0110(1)(1) Upon receipt of a document by the department for filing under this chapter, the department shall stamp or otherwise endorse the date and time of receipt on the original, the document copy and, upon request, any additional document copy received. The department shall return any additional document copy to the person delivering it, as confirmation of the date and time of receipt.
183.0110(2)(a)(a) Except as provided in par. (b), if a document satisfies s. 183.0108 and the terms of the document satisfy the applicable provisions of this chapter, the department shall file the document by stamping or otherwise endorsing "filed", together with the department's name, on both the original and the document copy. After filing a document, the department shall deliver the document copy to the domestic limited liability company or foreign limited liability company, or its representative.
183.0110(2)(b) (b) If a domestic limited liability company or foreign limited liability company is in default in the payment of any fee required under this chapter, the department shall refuse to file any document relating to the domestic limited liability company or foreign limited liability company until all delinquent fees are paid by the domestic limited liability company or foreign limited liability company.
183.0110(3)(a)(a) If the department refuses to file a document, the department shall return it to the domestic limited liability company or foreign limited liability company, or its representative, within 5 business days after the date on which the document is received by the department for filing, together with a brief, written explanation of the reason for the refusal.
183.0110(3)(b) (b) The department's failure to either file or return a document within 5 business days after the date on which it is received constitutes a refusal to file the document.
183.0110(3)(c) (c) Except as provided in s. 183.0112 (3), if a document that had been refused for filing by the department is resubmitted to and filed by the department, the effective date of the filed document under s. 183.0111 is the date that the resubmitted document is received by the department for filing or a delayed effective date specified in the resubmitted document in accordance with s. 183.0111 (2). The effective time of the resubmitted documents shall be determined under s. 183.0111 (1) or (2), whichever is applicable.
183.0110(4) (4) Except as provided in s. 183.0204 (2), the department's filing of a document or refusal to file a document does not do any of the following:
183.0110(4)(a) (a) Affect the validity or invalidity of the document in whole or part.
183.0110(4)(b) (b) Relate to the correctness or incorrectness of information contained in the document.
183.0110(4)(c) (c) Create a presumption that the document is valid or invalid or that information contained in the document is correct or incorrect.
183.0110 History History: 1993 a. 112; 1995 a. 27.
183.0111 183.0111 Effective date and time of document.
183.0111(1) (1)
183.0111(1)(a)(a) Except as provided in sub. (2) and ss. 183.0105 (7), 183.0112 (3), 183.0120 (5) and 183.1009 (3), a document filed by the department under this chapter is effective on the date that it is received by the department for filing and at any of the following times on that date:
183.0111(1)(a)1. 1. The time of day specified in the document as its effective time.
183.0111(1)(a)2. 2. If no effective time is specified, at the close of business.
183.0111(1)(b) (b) The date that a document is received by the department is determined by the department's endorsement on the original document under s. 183.0110 (1).
183.0111(2) (2) A document may specify a delayed effective date and time, except the effective date may not be more than 90 days after the date that it is received for filing. If a document specifies a delayed effective date and time in accordance with this subsection, the document is effective at the time and date specified. If a delayed effective date but no time is specified, the document is effective at the close of business on that date.
183.0111 History History: 1993 a. 112; 1995 a. 27.
183.0112 183.0112 Correcting filed document.
183.0112(1) (1) A domestic limited liability company or foreign limited liability company may correct a document that is filed by the department if the document contains a statement that was incorrect at the time of filing or was defectively executed, including defects in any attestation, seal, verification or acknowledgment.
183.0112(2) (2) To correct a document under sub. (1), a domestic limited liability company or foreign limited liability company shall prepare and deliver to the department for filing articles of correction that satisfy all of the following:
183.0112(2)(a) (a) Describe the document, including its filing date, or include a copy of the document.
183.0112(2)(b) (b) Specify the incorrect statement and the reason that it is incorrect, or specify the manner in which the execution was defective, whichever is applicable.
183.0112(2)(c) (c) Correct the incorrect statement or defective execution.
183.0112(3)(a)(a) Except as provided in par. (b), articles of correction are effective as of the effective date of the document that they correct.
183.0112(3)(b) (b) With respect to persons relying on the uncorrected document and adversely affected by the correction, the articles of correction are effective when filed.
183.0112 History History: 1993 a. 112; 1995 a. 27.
183.0113 183.0113 Confirmation of status.
183.0113(1) (1) Any person may obtain from the department, upon request, a certificate of status for a domestic limited liability company or foreign limited liability company.
183.0113(2) (2) A certificate of status shall include all of the following information:
183.0113(2)(a) (a) The domestic limited liability company's name or the foreign limited liability company's name and fictitious name, if any, used in this state.
183.0113(2)(b) (b) Whether each of the following is true:
183.0113(2)(b)1. 1. The domestic limited liability company is organized under the laws of this state, or the foreign limited liability company is authorized to transact business in this state.
183.0113(2)(b)1m. 1m. In the case of a foreign limited liability company, the foreign limited liability company has, during its most recently completed report year, filed with the department an annual report required by s. 183.0120.
183.0113(2)(b)2. 2. The domestic limited liability company has not filed articles of dissolution.
183.0113(2)(b)3. 3. The foreign limited liability company has not applied for a certificate of withdrawal under s. 183.1011.
183.0113(2)(b)4. 4. The foreign limited liability company is not the subject of a proceeding to revoke its certificate of registration under s. 183.1021.
183.0113(2)(c) (c) The date of organization of the domestic limited liability company or the date of registration of the foreign limited liability company.
183.0113(3) (3) The certificate of status may include other facts of record in the department that are requested.
183.0113(4) (4) Upon request, the department shall issue, by telegraph, teletype, facsimile or other form of wire or wireless communication, a statement of status, which shall contain the information required in a certificate of status under sub. (2) and may contain any other information permitted under sub. (3).
183.0113(5) (5) Subject to any qualification stated in a certificate or statement of status issued by the department, the certificate or statement is conclusive evidence that the domestic limited liability company or foreign limited liability company is in existence or is authorized to transact business in this state.
183.0113(6) (6) Upon request by telephone or otherwise, the department shall confirm, by telephone, any of the information required in a certificate of status under sub. (2) and may confirm any other information permitted under sub. (3).
183.0113 History History: 1993 a. 112; 1995 a. 27.
183.0114 183.0114 Filing and service fees.
183.0114(1) (1) The department shall collect the following fees when the documents described in this subsection are delivered for filing, or, under pars. (e) and (f), the telephone applications are made:
183.0114(1)(a) (a) Articles of organization, $130.
183.0114(1)(b) (b) Application for use of indistinguishable name, $10.
183.0114(1)(c) (c) Written application for reserved name, $15.
183.0114(1)(d) (d) Written application for renewal of reserved name, $15.
183.0114(1)(e) (e) Telephone application for reserved name, $30.
183.0114(1)(f) (f) Telephone application for renewal of reserved name, $30.
183.0114(1)(g) (g) Notice of transfer of reserved name, $10.
Loading...
Loading...
This is an archival version of the Wis. Stats. database for 1995. See Are the Statutes on this Website Official?