Wisconsin Consents to Action by the Incorporates of Corporation in Lieu of the Organizational Meeting is a legal document that allows the incorporates of a corporation in Wisconsin to take certain actions without holding an organizational meeting. In the state of Wisconsin, when a corporation is formed, it is typically required to hold an organizational meeting to establish bylaws, elect directors and officers, and handle other important matters. However, the Wisconsin Consent to Action by the Incorporates allows the incorporates to bypass this meeting and make decisions through written consent instead. This document is particularly useful when the incorporates are unable to gather for a physical meeting or when there is a need for immediate action. By utilizing the Consent to Action, the incorporates can expedite the process of forming the corporation and proceed with crucial decisions without delay. Some common actions that can be taken through the Wisconsin Consent to Action by the Incorporates include: 1. Adoption of Bylaws: The incorporates can authorize and adopt the corporation's bylaws, which outline the internal rules and regulations of the company. 2. Appointment of Directors: The Consent to Action can be used to appoint the initial board of directors who will govern the corporation's affairs. 3. Appointment of Officers: The incorporates can designate the initial officers of the corporation, such as the president, vice president, secretary, and treasurer. 4. Approval and Adoption of Articles of Incorporation: The Consent to Action can confirm the acceptance and adoption of the corporation's articles of incorporation, which establish its legal existence. 5. Determining Fiscal Year: The incorporates can decide on the corporation's fiscal year, which is important for financial reporting and taxation purposes. 6. Opening Bank Accounts: The Consent to Action can grant authority to the designated officers to open bank accounts on behalf of the corporation. It is important to note that each corporation may have its own unique requirements and decisions to make, so the contents and actions included in the Wisconsin Consent to Action can vary depending on the specific circumstances and needs of the corporation. Overall, the Wisconsin Consent to Action by the Incorporates provides a flexible and efficient method for incorporates to make binding decisions without the need for an organizational meeting. This document streamlines the process of forming a corporation in Wisconsin and allows for prompt and effective decision-making in the early stages of corporate development.