Wis. Stat. » CHAPTER 183 — UNIFORM LIMITED LIABILITY COMPANY LAW
Wisconsin Statutes

Wis. Stat. § 183.0703 (2026)

Rescinding dissolution

✓ current as of July 2026
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183.0703183.0703 Rescinding dissolution.
183.0703(1)(1) A limited liability company may rescind its dissolution, unless a statement of termination applicable to the company is effective, the circuit court has entered an order under s. 183.0701 (1) (d) dissolving the company, or the department has dissolved the company under s. 183.0708.
183.0703(2)(2) Rescinding dissolution under this section requires all of the following:
183.0703(2)(a)(a) The affirmative vote or consent of each member.
183.0703(2)(b)(b) If the limited liability company has delivered to the department for filing a statement of dissolution, delivery for filing of one of the following additional statements:
183.0703(2)(b)1.1. If the statement of dissolution has not become effective, delivery to the department for filing of a statement of withdrawal under s. 183.0208 applicable to the statement of dissolution.
183.0703(2)(b)2.2. If the statement of dissolution has become effective, delivery to the department for filing of a statement of rescission stating the name of the company and that dissolution has been rescinded under this section.
183.0703(3)(3) If a limited liability company rescinds its dissolution, all of the following apply:
183.0703(3)(a)(a) The company resumes carrying on its activities and affairs as if dissolution had never occurred.
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183.0703(3)(b)(b) Subject to par. (c), any liability incurred by the company after the dissolution and before the rescission is effective is determined as if dissolution had never occurred.
183.0703(3)(c)(c) The rights of a 3rd party arising out of conduct in reliance on the dissolution before the 3rd party knew or had notice of the rescission may not be adversely affected.
183.0703 HistoryHistory: 2021 a. 258.
Notes of Decisions
Cited in 5 cases (2 in the last 5 years), 2005–2023 · leading case: Louis Pagoudis v. Marcus Keidl, 2023 WI 27 (Wis. 2023).
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Louis Pagoudis v. Marcus Keidl, 2023 WI 27 (Wis. 2023). · cites it 5× “Wis. Stat. § 183.0703 ; Wis. Stat. § 183.”
Daniel Marx v. Richard L. Morris, 925 N.W.2d 112 (Wis. 2019). · cites it 4× “Wis. Stat. § 183.0703 . Wisconsin's LLC act applies the entity theory 19 of property rights, so a member has no interest in any specific property of the LLC.”
Gottsacker v. Monnier, 2005 WI 69 (Wis. 2005). · cites it 4× “Wis. Stat. § 183.0703 . As a member, Gregory has a right to receive a share of the profits and *388 losses of New Jersey LLC and the right to "vote or participate" in the management of New Jersey LLC.”
Daniel Marx v. Richard L. Morris (Wis. 2019). · cites it 3× “Wis. Stat. § 183.0703 . Wisconsin's LLC act applies the entity theory19 of property rights, so a member has no interest in any specific property of the LLC.”
Jackson Fam. Dentistry, LLC v. Major Dental Partners, LLC (Bankr. E.D. Wis. 2023). · cites it 2× “0702(1) provides, “A dissolved limited liability company shall wind up its activities and affairs and”—subject only to section 183.0703, which permits “[a] limited liability company [to] rescind its dissolution”—“the limited liability company continues after dissolution only for…”
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