857.27 Personal representatives or trustees may form corporation or limited liability company. The court may by order authorize the personal representatives or trustees of the estate of a decedent or one or more of the personal representatives or trustees to organize a corporation or limited liability company for any of the purposes authorized by ch. 180, 181 or 183 and to subscribe for shares of the corporation or interests in the limited liability company and convey estate property to the corporation or limited liability company in payment for the shares or interests subscribed.
History: 1993 a. 112.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 857 - Powers and duties of personal representatives.
857.01 - Ownership in personal representative; management and control.
857.015 - Management and control of certain business property by holding spouse.
857.03 - Powers and duties of personal representative; in general.
857.035 - Disposition of patient health care records.
857.04 - Distribution of marital and other expenses.
857.05 - Allowances to personal representative for expenses and services.
857.07 - Allowances to personal representative for costs.
857.09 - Procedure which may be followed when personal representative fails to perform.
857.10 - Failure to comply with certain statutes.
857.11 - Ordering personal representative to appear; costs.
857.13 - Powers of surviving personal representative.
857.15 - When personal representative removed, resigns.
857.17 - Validity of acts of personal representative prior to removal.
857.19 - When will proved after letters issued.
857.21 - Appointment of successor personal representative.
857.23 - Rights and powers of successor personal representative.
857.25 - Continuation of business.
857.27 - Personal representatives or trustees may form corporation or limited liability company.
857.29 - Personal representative may plat land.