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Wis. Stat. § 183.1031

Interest exchange authorized

Known as the Wisconsin Uniform Limited Liability Company Law

The act spans §§ 183.0101 to 183.1102 (113 sections).

2021 a. 258.

(1) A domestic limited liability company may acquire all of one or more classes or series of interests of another domestic or foreign entity pur- 28183.1031 UNIFORM LIMITED LIABILITY COMPANY LAW suant to ss. 183.1031 to 183.1035 and a plan of interest exchange if the interest exchange is permitted under the governing law applicable to the limited liability company and the acquired entity.

(2) All of one or more classes or series of interests of a domestic limited liability company may be acquired by another domestic or foreign entity pursuant to ss. 183.1031 to 183.1035 and a plan of interest exchange if the interest exchange is permitted under the governing law applicable to the acquiring entity and the limited liability company.

Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.