Filing requirement: Self-executing. No filing or Consent to Service of Process is necessary to claim this exemption.
Frequently asked questions:
Q: Do securities of a non-Wisconsin cooperative qualify for this exemption?
A. No. The securities of only Wisconsin cooperatives organized under Chapter 185 or Chapter 193 qualify.
Q: Is this exemption limited to agricultural cooperatives?
A. No. The exemption does not restrict the type of activity the co-op may engage in.
History: Predecessor statute Wis. Stat. s. 551.201(8) adopted effective January 1, 2009, which applied to "any securities of a cooperative corporation organized under the laws of any state sold to a member of the cooperative."
Phone: (608) 266-2139