SB810,380,8 4(3) (a) A domestic limited liability company shall deliver its annual report to
5the department in each year following the calendar year in which the domestic
6limited liability company's articles of organization became effective, during the
7calendar year quarter in which the anniversary date of the articles' effective date
8occurs.

SB810,380,129 (b) A registered foreign limited liability company shall deliver its annual report
10to the department during the first calendar quarter of each year following the
11calendar year in which the foreign limited liability company registered to do business
12in this state.

SB810,380,18 13(4) If an annual report does not contain the information required by this
14section, the department promptly shall notify the reporting limited liability company
15or registered foreign limited liability company in a record and return the report to
16it for correction. If the annual report is corrected to contain the information required
17by this section and delivered to the department within 30 days after the effective date
18of the notice under s. 183.0103 (5), the annual report is timely filed.

SB810,380,22 19(5) If an annual report contains a registered office or registered agent which
20differs from the information shown in the records of the department immediately
21before the report becomes effective, the differing information is considered a
22statement of change under s. 183.0116.

SB810,381,5 4183.0301 No agency power of member as member. (1) A member is not
5an agent of a limited liability company solely by reason of being a member.

SB810,381,8 6(2) A person's status as a member does not prevent or restrict law other than
7this chapter from imposing liability on a limited liability company because of the
8person's conduct.

SB810,381,10 9183.0302 Statement of authority. (1) (a) A limited liability company may
10deliver to the department for filing a statement of authority.

SB810,381,1311 (b) The statement of authority must include the name of the company, the street
12address of the company's registered office in this state, and the name and e-mail
13address of its registered agent at that office.

SB810,381,1414 (c) The statement of authority may state any of the following:

SB810,381,1715 1. With respect to any position that exists in or with respect to the company,
16the authority, or limitations on the authority, of all persons holding the position to
17do any of the following:

SB810,381,1918 a. Sign an instrument transferring real property held in the name of the
19company.

SB810,381,2120 b. Enter into other transactions on behalf of, or otherwise act for or bind, the
21company.

SB810,381,2322 2. The authority, or limitations on the authority, of a specific person to do any
23of the following:

SB810,381,2524 a. Sign an instrument transferring real property held in the name of the
25company.

SB810,382,2

1b. Enter into other transactions on behalf of, or otherwise act for or bind, the
2company.

SB810,382,5 3(2) To amend or cancel a statement of authority filed by the department, a
4limited liability company must deliver to the department for filing an amendment
5or cancellation stating all of the following:

SB810,382,66 (a) The name of the company.

SB810,382,87 (b) The street address of the company's registered office in this state and the
8name and e-mail address of its registered agent at that office.

SB810,382,99 (c) The date the statement being affected became effective.

SB810,382,1110 (d) The contents of the amendment or a declaration that the statement is
11canceled.

SB810,382,16 12(2m) (a) A statement of authority is renewable for successive 5-year periods.
13To renew a statement of authority filed by the department, a limited liability
14company must deliver to the department for filing, during the 3 months before the
15cancellation would occur under sub. (10), a statement of renewal that includes all of
16the following:

SB810,382,1717 1. The name of the company.

SB810,382,1918 2. The street address of the company's registered office in this state and the
19name and e-mail address of its registered agent at that office.

SB810,382,2020 3. The statement of authority being affected.

SB810,382,2121 4. A declaration that the statement of authority is being renewed.

SB810,382,2422 (b) When filed, a statement of renewal that complies with par. (a) renews the
23statement of authority for a 5-year period commencing with the date of filing of the
24statement of renewal.

SB810,383,2

1(3) A statement of authority affects only the power of a person to bind a limited
2liability company to persons that are not members.