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Code · Wisconsin · Chapter 231 — Health and educational facilities authority

231.215 Incorporator for purpose related to purchase or sale of right to payments.

72 words·~1 min read·/wi/chapter-231/231-215

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231.215 Incorporator for purpose related to purchase or sale of right to payments. The authority, or its executive director, may organize one or more nonstock corporations under ch. 181 or limited liability companies under ch. 183 for any purpose related to purchasing or selling the state’s right to receive any of the payments under the tobacco settlement agreement and may take any action necessary to facilitate and complete the purchase or sale.
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