State Codes and Statutes

Statutes > Wisconsin > 193 > 193.625

193.625

193.625 Replacement certificates.

193.625(1)

(1) Issuance. A cooperative may issue a replacement certificate of membership interest under s. 193.621 using the procedure specified in s. 408.405 (1), if the owner of the membership interest represented in a certificate claims that the certificate has been lost, destroyed or wrongfully taken.

193.625(2)

(2) Not an overissue. The issuance of a replacement certificate under sub. (1) is not an overissue of the membership interest it represents.

193.625 - ANNOT.

History: 2005 a. 441.