184.09 Disposition of personal property of inactive nonprofit association. - Wisconsin Statutes

184.09

184.09 Disposition of personal property of inactive nonprofit association. If a nonprofit association has been inactive for 3 years or longer, a person in possession or control of personal property of the nonprofit association may transfer the property to any of the following:

184.09(1)

(1) If a document of a nonprofit association specifies a person to whom transfer is to be made under these circumstances, that person.

184.09(2)

(2) If no person is so specified, a nonprofit association or nonprofit corporation pursuing broadly similar purposes, or to a government or governmental subdivision, agency or instrumentality.

184.09 - ANNOT.

History: 1997 a. 140.