Updated April 25, 2023
Wisconsin corporate bylaws are regulations adopted by the incorporator, board of directors, or shareholders of a corporation to govern their internal affairs. It is not legally required for corporations to establish bylaws but almost all corporations adopt them to avoid any internal legal problems or issues within the company. A bylaws template can include any rules, as long as they remain consistent with the law and their articles of incorporation. Examples of common articles of a bylaws template include shareholder information and their rights and responsibilities, the designation and duties of the board of directors and corporate officers, the function of committees, and the buying and selling of company shares.
Laws
- Annual Meetings – § 180.0701
- Corporate Bylaws – § 180.0206
- Issuance of Stock – § 180.0621
Emergency Bylaws
In the event of a catastrophic incident that prevents the board from assembling, emergency bylaws may be put into effect to maintain organization in the corporation. (§ 180.0207)