{"data":{"id":"us-wi/wis.-stat.-221.0517","jurisdiction":"us-wi","citation":"Wis. Stat. § 221.0517","heading":"Record date.","body":"(1) Manner of fixing date. The bylaws may fix or provide the manner of fixing a future date as the record date for one or more voting groups in order to determine the shareholders entitled to notice of a shareholders’ meeting, to demand a special meeting, to vote or to take any other action. If the bylaws do not fix or provide for fixing a record date, the board of directors may fix a future date as the record date.\n(2) Limit on date. A record date fixed under this section may not be more than 70 days before the meeting or action requiring a determination of shareholders.\n(3) Effect of adjournment.\n(a) Except as provided in par. (b), a determination of shareholders entitled to notice of or to vote at a shareholders’ meeting is effective for any adjournment of the meeting unless the board of directors fixes a new record date, which it shall do if the meeting is adjourned to a date more than 120 days after the date fixed for the original meeting.\n(b) If a court orders a meeting adjourned to a date more than 120 days after the date fixed for the original meeting, it may provide that the original record date continues in effect or it may fix a new record date.","path":["Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations","Chapter 221 State Banks","SUBCHAPTER V SHARES AND SHAREHOLDERS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/221.0517","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:08Z","sha256":"acbdbd59c6c21283f23d986b6ca593eccd22832a0b445c2b25964219337857d8","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-221.0516","next":"us-wi/wis.-stat.-221.0518"},"notice":"GroundRules: Original legal text. Not legal advice."}