Wisconsin § 193.445 - Audit committee.
Full text of Wisconsin Wisconsin Statutes § 193.445 — Audit committee., with citation guidance and answers to common questions.
§ 193.445. Audit committee.
The board shall establish an audit committee, consisting of members who will ensure an independent review of the cooperative’s finances, to review the financial information and accounting reports of the cooperative. The board shall present audited financial statements to the members unless all of the following apply: 193.445(1) (1) The articles or bylaws permit financial statements that are not audited. 193.445(2) (2) The financial statements clearly state that they are not audited and a statement is included in the financial statement describing the difference between the financial statements and audited financial statements that are prepared according to generally accepted accounting processes. 193.445 History History: 2005 a. 441 .
Frequently Asked Questions About Wisconsin § 193.445
What does Wisconsin Statutes § 193.445 cover?
Section 193.445 ("Audit committee.") 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 § 193.445?
A common citation format is "Wisconsin Statutes § 193.445" (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 § 193.445 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.