Wisconsin Code § 180.0103

Definitions
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In this chapter, except as otherwise
provided:
(1) “Affiliate” means a person that directly, or indirectly
through one or more intermediaries, controls, is controlled by, or
is under common control with, another person.
(2) “Articles of incorporation” includes amended and restated
articles of incorporation.
(3) “Authorized shares” means the shares of all classes that a
domestic corporation or foreign corporation is authorized to
issue.
(3m) “Business” includes every trade, occupation, and
profession.
(4) “Conspicuous” means written so that a reasonable person
against whom the writing is to operate should have noticed it, including printing in italics or boldface or contrasting color, or typing in capitals or with underlining.
(5) “Corporation” or “domestic corporation,” except as used
in sub. (9), means a corporation for profit that is not a foreign corporation and that is incorporated under or becomes subject to this
chapter. “Corporation” or “domestic corporation” includes, to
the extent provided under s. 180.1703, a corporation with capital
stock but not organized for profit.
(6) “Deliver” or “delivery” means any method of delivery
used in conventional commercial practice, including delivery by
hand, mail, commercial delivery and electronic transmission.
(6m) “Department”, except in subs. (8) and (18), means the
department of financial institutions.
(7) “Distribution” means a direct or indirect transfer by a corporation of money or other property, other than its shares, or an
incurrence of indebtedness by a corporation, to or for the benefit
of its shareholders in respect to any of its shares, including but not
limited to any of the following:
(a) A declaration or payment of a dividend.
(b) A purchase, redemption or other acquisition of shares.
(c) A distribution of evidences of indebtedness.
(7d) “Domestic” means, with respect to an entity, an entity
whose governing law is the law of this state.
(7g) “Electronic” means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or
similar capabilities.
(7k) “Electronic signature” means an electronic sound, symbol, or process, attached to or logically associated with a writing
and executed or adopted by a person with intent to authenticate
the writing.
(7m) “Electronic transmission” or “electronically transmitted” means Internet transmission, telephonic transmission, electronic mail transmission, transmission of a telegram, cablegram,
or datagram, or any other form or process of communication that
does not directly involve the physical transfer of paper and that is
suitable for the retention, retrieval, and reproduction of information by the recipient.
(8) “Entity” means a person other than an individual and includes a domestic corporation; a foreign corporation; a limited liability company; a nonprofit or nonstock corporation; a limited
partnership; a partnership; a general cooperative association; a
limited cooperative association; a profit or nonprofit unincorporated association; a statutory trust; a business trust; a business
trust or common-law business trust; an estate; a trust; an association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality; or any other legal
or commercial entity.
(8r) “Foreign” means, with respect to an entity, an entity
whose governing law is other than the law of this state.
(9) “Foreign corporation” means a corporation for profit incorporated under a law other than the law of this state and whose
governing law is other than the law of this state, except a railroad
corporation, an association created solely for religious or charitable purposes, an insurer or motor club, a savings and loan association, a savings bank or a common law trust.
(9m) “General cooperative association” means, with respect
to a Wisconsin cooperative, a cooperative organized under ch.
185.
(9r) “Governing law” means, with respect to an entity, the law
of the jurisdiction that collectively governs its internal affairs and
the liability of the persons associated with the entity for a debt,
obligation, or other liability of the entity under s. 180.0105 or the
corresponding applicable law with respect to entities other than
domestic corporations.
(10) “Governmental subdivision” includes a county, city, village, town and special purpose district.
(11) “Individual” includes the estate of an individual adjudicated incompetent or a deceased natural person.
(11e) “Investment company” means a corporation that is registered, or is organized for the purpose of registering, as a management investment company under 15 USC 80a-1 to 80a-64, if
the corporation’s articles of incorporation state that the corporation is registered or is organized for the purposes of registering as
a management investment company under 15 USC 80a-1 to 80a64.
(11g) “Jurisdiction,” used to refer to a political entity, means
the United States, a state, a foreign country, or a political subdivision of a foreign country.
(11i) “Limited cooperative association” means, with respect
to a Wisconsin cooperative, a cooperative organized under ch.
193.
(11m) “Person” means an individual, business corporation,
nonprofit or nonstock corporation, partnership, limited partnership, limited liability company, general cooperative association,
limited cooperative association, unincorporated association,
statutory trust, business trust, common-law business trust, estate,
trust, association, joint venture, public corporation, government
or governmental subdivision, agency, or instrumentality, or any
other legal or commercial entity.
(12) “Principal office” means the office, whether in or outside this state, of a domestic corporation or foreign corporation in
which are located its principal executive offices and, if the domestic corporation or foreign corporation has filed an annual report under s. 180.1622, that is designated as the principal office
in its most recent annual report.
(12g) “Property” means all property, whether real, personal,
or mixed or tangible or intangible, or any right or interest therein.
(12m) “Qualified new business venture” means a foreign corporation that is certified under s. 238.15 (1).
(12r) “Record,” used as a noun, means information that is inscribed on a tangible medium or that is stored in an electronic or
other medium and is retrievable in perceivable form.
(13) “Record date” means the date established under s.
180.0623 (4) , 180.0640 (2) , 180.0702 (2) , 180.0704 (4) ,
180.0705 (3) or 180.0707 on which a corporation determines the
identity of its shareholders for purposes of this chapter.
(13m) “Registered agent” means an agent of a corporation or
foreign corporation that is authorized to receive service of any

process, notice, or demand required or permitted by law to be
served on the corporation or foreign corporation.
(14) “Shareholder” means the person in whose name shares
are registered in the records of a corporation or the beneficial
owner of shares to the extent of the rights granted by a nominee
certificate on file with a corporation.
(15) “Shares” means the units into which the proprietary interests in a corporation are divided.
(16) “Signed” or “signature” includes the execution or adoption of a manual, facsimile, conformed, or electronic signature, or
any symbol, with intent to authenticate a writing.
(16m) “State” means a state of the United States, the District
of Columbia, Puerto Rico, the U.S. Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United
States.
(17) “Subscriber” means a person who subscribes for shares
in a corporation, whether before or after incorporation.
(17g) “Transfer” includes all of the following:
(a) An assignment.
(b) A conveyance.
(c) A sale.
(d) A lease.
(e) An encumbrance, including a mortgage or security
interest.
(f) A gift.
(g) A transfer by operation of law.
(17m) “Treasury shares” means shares of a corporation that
have been issued, that have been subsequently acquired by and
belong to the corporation and that have not been canceled or restored to the status of authorized but unissued shares.
(18) “United States” includes an authority, bureau, commission, department and any other agency of the United States.
(19) “Voting group” means any of the following:
(a) All shares of one or more classes or series that under the
articles of incorporation or this chapter are entitled to vote and be
counted together collectively on a matter at a meeting of
shareholders.
(b) All shares that under the articles of incorporation or this
chapter are entitled to vote generally on a matter.

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