Wisconsin Statutes

Wis. Stat. § 180.1431 (2026)

Procedure for judicial dissolution

✓ current as of July 2026
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180.1431180.1431Procedure for judicial dissolution.
180.1431(1)(1)It is not necessary to make shareholders parties to a proceeding to dissolve a corporation unless relief is sought against them individually.
180.1431(2)(2)A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver pendente lite with all the powers and duties that the court directs, take other action required to preserve the corporate assets wherever located and carry on the business of the corporation until a full hearing can be held.
180.1431 HistoryHistory: 1989 a. 303.
Notes of Decisions
Cited in 3 cases, 1998–2010 · leading case: Notz v. Everett Smith Grp., Ltd., 2009 WI 30 (Wis. 2009).
Notz v. Everett Smith Grp., Ltd., 2009 WI 30 (Wis. 2009). · cites it 4× “1430 (grounds for dissolution) and Wis. Stat. § 180.1431 (procedure for judicial dissolution).”
Ehlinger v. Hauser, 2010 WI 54 (Wis. 2010). · cites it 4× “The suit asked the court to (1) dissolve the corporation and appoint a receiver, as provided in Wis. Stat. §§ 180.1431 and 180.1432; (2) obtain an accounting of a separate dissolved partnership and liquidate and distribute its assets; (3) declare the respective rights of the…”
Jorgensen v. Water Works, Inc., 582 N.W.2d 98 (Wis. Ct. App. 1998). · cites it 3× “Sections 180.1431 and 180.1432(1), Stats.”
Wis. Stat. § 180.1431(2): 1 case
Jorgensen v. Water Works, Inc., 582 N.W.2d 98 (Wis. Ct. App. 1998). “Sections 180.1431 and 180.1432(1), Stats.”
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