Wisconsin Code § 201.11

Impaired capital
Open in Lexace · Ask the AI about this section
Whenever the commission shall
find that the capital of any public service corporation is impaired
it may, after investigation and hearing, issue an order directing
such public utility to cease paying dividends on its common stock
until such impairment has been made good. Nothing in this section shall be construed to modify the requirements of ss.
180.0623 and 180.0640.

‹ Prev All Wisconsin sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.