Wisconsin § 185.05 - Articles.
Full text of Wisconsin Wisconsin Statutes § 185.05 — Articles., with citation guidance and answers to common questions.
§ 185.05. Articles.
185.05(1) (1) The articles shall set forth: 185.05(1)(a) (a) The name of the cooperative. 185.05(1)(b) (b) The period of existence, unless perpetual. 185.05(1)(c) (c) The purposes for which organized. It is sufficient to state that the cooperative may engage in any activity within the purposes for which cooperatives may be organized, and all such activities shall then be deemed within its purposes, subject to express limitations. 185.05(1)(d) (d) Whether the cooperative is organized with or without capital stock. 185.05(1)(e) (e) The designation of classes of members, if more than one. 185.05(1)(f) (f) The number and par value of shares of each authorized class of stock; if more than one class is authorized, the designation, preferences, limitations and relative rights of each class shall also be set forth. 185.05(1)(g) (g) Which classes of stock are membership stock. 185.05(1)(h) (h) As to each class of stock, the rate of dividend, or that the rate of dividend may be fixed by the board, or that no dividend will be paid. If the dividend on any class of stock is to be cumulative, this shall also be stated. 185.05(1)(i) (i) Any reservation of a right to acquire or recall any stock. 185.05(1)(j) (j) The basis of distribution of assets upon liquidation and, if changes in the basis of distribution are to be prohibited, a statement that this provision may not be changed and a reference to the restriction under s.
Frequently Asked Questions About Wisconsin § 185.05
What does Wisconsin Statutes § 185.05 cover?
Section 185.05 ("Articles.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 185.05?
A common citation format is "Wisconsin Statutes § 185.05" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 185.05 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.