Wisconsin Statutes
Wis. Stat. § 180.1320 (2026)
Notice of dissenters’ rights
✓ current as of July 2026
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180.1320(1)(1) If proposed corporate action creating dissenters’ rights under s. 180.1302 is submitted to a vote at a shareholders’ meeting, the meeting notice shall state that shareholders and beneficial shareholders are or may be entitled to assert dissenters’ rights under ss. 180.1301 to 180.1331 and shall be accompanied by a copy of those sections.
180.1320(2)(2) If corporate action creating dissenters’ rights under s. 180.1302 is authorized without a vote of shareholders, the corporation shall notify, in writing and in accordance with s. 180.0141, all shareholders entitled to assert dissenters’ rights that the action was authorized and send them the dissenters’ notice described in s. 180.1322.
180.1320 AnnotationWhen the plaintiff was not a shareholder at the time of the complained of acts, it had no right to vote in dissent to a plan of liquidation and dissolution, and it could not be a dissenter entitled to notice of dissenters’ rights, as only one who can vote in dissent is entitled to such notice under this section. Borne v. Gonstead Advanced Techniques, Inc., 2003 WI App 135, 266 Wis. 2d 253, 667 N.W.2d 709, 01-2624.
Notes of Decisions
Cited in 3
cases (2 in the last 5 years), 2003–2021 · leading case: Borne v. Gonstead Advanced Techniques, Inc., 2003 WI App 135 (Wis. Ct. App. 2003).
Borne v. Gonstead Advanced Techniques, Inc., 2003 WI App 135 (Wis. Ct. App. 2003). “§ 180.1320. The Trust claims that the liquidation and dissolution plan is a transfer of all of GAT's assets and accordingly it has the right to dissent to the plan under Wis.”
Schneider, Carl v. Hybrid Car Store, Inc. (W.D. Wis. 2021). “And he violated Wis. Stat. § 180.1320 (1) by failing to provide plaintiffs with a notice that included information about the shareholders’ right to dissent to the sale.”
Schneider, Carl v. Hybrid Car Store, Inc. (W.D. Wis. 2021). “Second, plaintiffs say that defendant failed to comply with Wis. Stat. § 180.1320 (1), which requires a notice about a potential sale to include information about the shareholders’ right to dissent.”
— Wis. Stat. § 180.1320(1) — 2 cases
Schneider, Carl v. Hybrid Car Store, Inc. (W.D. Wis. 2021). “Second, plaintiffs say that defendant failed to comply with Wis. Stat. § 180.1320 (1), which requires a notice about a potential sale to include information about the shareholders’ right to dissent.”
Schneider, Carl v. Hybrid Car Store, Inc. (W.D. Wis. 2021). “And he violated Wis. Stat. § 180.1320 (1) by failing to provide plaintiffs with a notice that included information about the shareholders’ right to dissent to the sale.”
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