185.09 Promotion expense; limitation. - Wisconsin Statutes

185.09

185.09 Promotion expense; limitation. No cooperative funds may be used, nor any stock issued, in payment of any promotion expenses in excess of 5 percent of the paid-up capital stock or membership fees. This section does not apply to a cooperative association organized under s. 185.981.

185.09 - ANNOT.

NOTE: This section is shown as affected by 2 acts of the 2009 Wisconsin legislature and as merged by the legislative reference bureau under s. 13.92 (2) (i).

185.09 - ANNOT.

History: 2009 a. 165, 177; 13.92 (2) (i).