Wis. Stat. § 185.22: Subscriptions for stock; liability therefor.
Where this section sits in the code
- Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations
- Chapter 185 Cooperatives
(1) A subscription for stock of a cooperative is irrevocable for 6 months unless otherwise provided by the subscription agreement, or unless all subscribers consent to the revocation.
(2) Except as provided in s. 185.37, a stockholder or subscriber is under no obligation to any person with respect to the stockholder’s or subscriber’s stock or subscription other than the obligation to pay to the cooperative the full consideration for which such stock was to be issued.
Collected 2026-09-05T12:01:03Z. Source file · JSON