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Code · Wisconsin · Chapter 182 — Miscellaneous corporate provisions; turnpike corporations

182.41 Corporation to be nonprofit.

58 words·~1 min read·/wi/chapter-182/182-41

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182.41 Corporation to be nonprofit. All turnpike corporations shall be nonprofit corporations, that is, corporations formed without capital stock, operated not for profit and exclusively for the purposes set forth in ss. 182.30 to 182.48 and which declare no dividend, benefit or pecuniary profit to be paid to or received by any of their members, directors or officers.
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