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You can get the Wisconsin Articles of Organization from the state's website. The DFI provides a template Wisconsin Articles of Organization for you to use. You can download the PDF of Form 502 for free. You can also complete this form online instead.
(a) A limited liability company may deliver to the department for filing a statement of authority. (b) The statement of authority must include the name of the company, the street address of the company's registered office in this state, and the name and e-mail address of its registered agent at that office.
What is a Wisconsin certificate of authority? Companies are required to register with the Wisconsin Department of Financial Institutions before doing business in Wisconsin. Businesses that are incorporated in another state will typically apply for a Wisconsin certificate of authority.
An LLC operating agreement is not required by law in Wisconsin, but it is highly recommended. The operating agreement provides a clear understanding of the company's structure and helps to prevent misunderstandings and conflicts among members.
Key changes from the prior LLC law to the WULLCL: After Jan. 1, 2023, the WULLCL mandates that members and managers comply with (i) the duty of care, (ii) the duty of loyalty, and (iii) the obligations of good faith and fair dealing. The intention of this change, in part, is to protect the interests of minority owners.
Effective January 1, 2023, Wisconsin will have a new Uniform Limited Liability Company Law applicable to all Wisconsin limited liability companies (?LLCs?) unless existing LLCs opt out before December 31, 2022, with the Wisconsin Department of Financial Institutions (?WDFI?). 2021 Wis.