Clubs. (1) Any Red Arrow Club organized in this state and composed of members of the 32nd Division who served at any time from World War I or II, who served in the 32nd Division in the United States Army, or who served with the 32nd Infantry Brigade or the 32nd Infantry Brigade Combat Team, Wisconsin army national guard, in any conflict, deployment, peacekeeping operation, or domestic response if the member was deployed in a federal or state status or conducted training to carry out such missions, shall have full corporate power to transact business in this state and to take over the assets and liabilities of the existing clubs in this state, upon filing with the department of financial institutions a statement of its intent so to do, and a full and complete list of its duly elected officers, and shall by so doing become a body corporate. No filing fee shall be charged by the department of financial institutions for so doing. (2) All acts done by any club, so incorporated, or its constituted authorities, shall be considered acts of such club, as a body corporate, and no personal liability shall be attached to any member therefor. (3) Sections 180.0203 and 181.0203 shall not apply to corporations organized under this section. The provisions of this section shall apply to all corporations incorporated hereunder whether incorporated before or after March 28, 1939.
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