180.0142 Number of shareholders.
80 words·~1 min read·
/wi/chapter-180/180-0142A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
180.0142 Number of shareholders.
(1)For purposes of this chapter, any of the following constitute one shareholder if identified as a shareholder in a corporation’s current record of shareholders:
(a)Three or fewer co-owners.
(b)An entity.
(c)The trustees, guardians, custodians or other fiduciaries of a single trust, estate or account.
(2)For purposes of this chapter, shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe that the names represent the same person.