Wisconsin § 551.205 - Additional provisions related to crowdfunding exemption for intrastate offerings through Internet sites.
Full text of Wisconsin Wisconsin Statutes § 551.205 — Additional provisions related to crowdfunding exemption for intrastate offerings through Internet sites., with citation guidance and answers to common questions.
§ 551.205. Additional provisions related to crowdfunding exemption for intrastate offerings through Internet sites.
551.205(1) (1) All of the following requirements apply to an offer or sale of securities pursuant to the exemption under s. 551.202 (26) : 551.205(1)(a) (a) Prior to any offer or sale of securities, the issuer shall provide to the Internet site operator evidence that the issuer has a principal place of business in this state and is doing business in this state. 551.205(1)(b) (b) 551.205(1)(b)1. 1. The Internet site operator shall register with the division by filing a statement, which the administrator shall make available as an electronic document on the department of financial institutions Internet site, accompanied by the filing fee specified in s. 551.614 (1m) , that includes all of the following: 551.205(1)(b)1.a. a. That the Internet site operator is a business entity organized under the laws of this state and authorized to do business in this state. 551.205(1)(b)1.b. b. That the Internet site is being utilized to offer and sell securities pursuant to the exemption under s. 551.202 (26) . 551.205(1)(b)1.c. c. The identity and location of, and contact information for, the Internet site operator. 551.205(1)(b)1.d. d. Except as provided in subds. 2. and 4. , that the Internet site operator is registered as a broker-dealer under s.
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 551.205
What does Wisconsin Statutes § 551.205 cover?
Section 551.205 ("Additional provisions related to crowdfunding exemption for intrastate offerings through Internet sites.") 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 § 551.205?
A common citation format is "Wisconsin Statutes § 551.205" (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 § 551.205 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.