Senate Bill 267, effective June 1, 2026 and applicable to articles of organization filed on and after that date, amends the LLC law to extend the articles of incorporation filing fee waiver for student entrepreneurs to students in a public, private, or tribal high school in the state, or in a home based private educational program.
Assembly Bill 897, effective June 1, 2018, amends provisions of the corporation law relating to the fees for the certificate of authority, withdrawal, and annual report of a foreign corporation that qualifies as a qualified new business venture that is certified under Sec. 238.15 (1).
Senate Bill 298, effective February 26, 2018, creates a new category of business corporation identified as a benefit corporation. A benefit corporation shall have a purpose of creating general public benefit. A general public benefit is a material positive impact on society and the environment through activities that promote some combination of specific public benefits.
Case summaries
Foreign LLC
IJS Storage, LLC v. Fagan, Appeal No. 2025AP2366, decided June 3, 2026. The Wisconsin Court of Appeals affirmed the trial court’s decision in favor of the plaintiff LLC in its eviction action against a tenant. Although the LLC was not registered to do business in Wisconsin at the time it purchased the property and leased it to the tenant, Wisconsin’s LLC law allows a foreign LLC which has not yet registered to do business in Wisconsin to enter into a contract, and it expressly states that lack of registration does not impair its ability to obtain title to property. Therefore the court rejected the tenant’s argument that the LLC did not own the property based on its not being registered until after the purchase and lease agreement.
Shareholder Suit
Arrowhead Systems, Inc. v. Grant Thornton LLP, No. 2019AP2268, decided October 15, 2020. The Wisconsin Court of Appeals held that the rule that denies standing to shareholders to bring direct claims seeking redress for injuries to the corporation applies even where the corporation was an S corporation with a sole shareholder who was claiming harm due to the corporation’s accountant’s tax strategy.
Other notices
There are no new notices at this time.