Articles Of Incorporation - Cooperative {202}

FORM 202 - ARTICLES OF INCORPORATION COOPERATIVE. This form is used to establish a cooperative under Chapter 185 of the Wisconsin Statutes. It is filed with the Wisconsin Department of Financial Institutions and is required for the cooperative to gain formal recognition as a legal entity in the state. The form collects essential details about the cooperative, including its name (which must contain the word “cooperative” or an abbreviation), the term of its existence, the purpose of the organization, and whether it will be managed with or without capital stock. It also requires information on the cooperative’s registered agent or principal office in Wisconsin, the structure of its board of directors, classes of membership, and, if applicable, details regarding the issuance of capital stock such as share amounts, classes, and rights. Additionally, the form outlines how the cooperative's assets will be distributed upon liquidation and whether this basis of distribution can be amended in the future. At least five incorporators, one of whom must reside in Wisconsin, must sign and acknowledge the document before a notary public. Sec. 185.05, Wis. Stats. www.FormsWorkflow.com