{"data":{"id":"us-wi/wis.-stat.-180.1131","jurisdiction":"us-wi","citation":"Wis. Stat. § 180.1131","heading":"Shareholder vote.","body":"In addition to a vote otherwise required by law or the articles of incorporation of the resident domestic corporation, a business combination must be approved by the affirmative vote of at least all of the following, except as provided in s. 180.1132:\n(1) Eighty percent of the votes entitled to be cast by outstanding voting shares of the corporation, voting together as a single voting group.\n(2) Two-thirds of the votes entitled to be cast by holders of voting shares other than voting shares beneficially owned by a significant shareholder who is a party to the business combination or an affiliate or associate of a significant shareholder who is a party to the business combination, voting together as a single voting group.","path":["Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations","Chapter 180 Business Corporations","SUBCHAPTER XI MERGER, INTEREST EXCHANGE,CONVERSION, AND DOMESTICATION"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/180.1131","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:02Z","sha256":"c73e8f633151aa1a16777f62205589f8c09ccf23cfc97e2ae29dd21eb5368d52","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-180.1130","next":"us-wi/wis.-stat.-180.1132"},"notice":"GroundRules: Original legal text. Not legal advice."}
