185.38 Disposition of assets; right to secure debts.
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/wi/chapter-185/185-38A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
185.38 Disposition of assets; right to secure debts.
(1)Except as authorized by the members, the board may not dispose of all or substantially all of a cooperative’s assets. At any meeting the members may authorize the disposition of all or substantially all of a cooperative’s assets if: