State Codes and Statutes

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560.77

560.77 Revocation of certification.

560.77(1)

(1) The department shall revoke the certification of a person certified under s. 560.765 (3) if the person does any of the following:

560.77(1)(a)

(a) Supplies false or misleading information to obtain certification.

560.77(1)(b)

(b) Becomes subject to revocation under s. 560.78 (1).

560.77(1)(c)

(c) Leaves the development zone to conduct substantially the same business outside of the development zone.

560.77(1)(d)

(d) Ceases operations in the development zone and does not renew operation of the trade or business or a similar trade or business in the development zone within 12 months.

560.77(2)

(2) The department shall notify the department of revenue within 30 days of revoking a certification under sub. (1).

560.77 - ANNOT.

History: 1987 a. 328.