Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 181. Nonstock Corporations |
SubChapter II. INCORPORATION |
Section 181.0207. Emergency bylaws.
Latest version.
- (1) Definition. In this section, “emergency" means a catastrophic event that prevents a quorum of the corporation's directors or members from being readily assembled.(2) Adoption of emergency bylaws. Unless the articles of incorporation provide otherwise, the board of a corporation may adopt bylaws that are effective only in an emergency. Emergency bylaws are subject to amendment or repeal by the board or by the members, if any. Emergency bylaws may provide special procedures necessary for managing the corporation during the emergency, including any of the following:(a) Procedures for calling a meeting of the board.(b) Quorum requirements for the meeting.(c) Designation of additional or substitute directors.(3) Effectiveness. Provisions of the regular bylaws that are consistent with the emergency bylaws remain effective during the emergency. The emergency bylaws are not effective after the emergency ends.