182.0135 Public utility corporation directors; not to delegate duty to manage; removal by commission.
(1) The directors of corporations which are public utilities shall not, directly or indirectly, delegate or in any manner, temporarily or permanently, relinquish or surrender their duty to manage and direct the stock, property, affairs and business of such corporation.
(2) Any director violating the provisions of this section may be removed by the public service commission, after notice and hearing. If a director of a public utility is removed by the commission, the director shall be ineligible for a period of 2 years to serve as a director of said public utility.
(3) This section does not apply to a telecommunications utility, as defined in s. 196.01 (10).
History: 1993 a. 482, 496.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 182 - Miscellaneous corporate provisions; turnpike corporations.
182.001 - Corporations and trusts prohibited from owning or carrying on farming operations.
182.004 - Housing corporations.
182.007 - Charitable corporations and community funds, amending articles.
182.01 - Business records; other duties of department of financial institutions.
182.012 - Special power to transfer property of nonstock corporation.
182.016 - River improvement corporations may flow lands.
182.017 - Transmission lines; privileges; damages.
182.0175 - Damage to transmission facilities.
182.018 - Wires over railroads.
182.019 - Damages for nondelivery of message or power.
182.020 - Driving park corporation.
182.027 - Lyceum, libraries and art galleries.
182.028 - School corporations.
182.029 - Universities and colleges may unite.
182.030 - Corporations having church affiliations.
182.031 - Railway equipment companies.
182.104 - Title to property after dissolution.
182.202 - Mutual telecommunications company; quorum; proxies.
182.219 - Mutual telecommunications company; dividends.
182.220 - Examination by attorney general and legislature.
182.23 - Facsimile signatures on corporate obligations.
182.24 - Transfers from joint tenants.
182.25 - Stock transfers on books, how compelled.
182.35 - Acquisition of lands and interests therein.
182.37 - Rights of public utilities.
182.41 - Corporation to be nonprofit.
182.42 - Not to be considered public utilities.
182.43 - Underpass authorized.
182.44 - Limitations on powers.
182.47 - Motor vehicle laws to apply.
182.50 - Establishment of foreign trade zones.