AB878,13,83 180.1604 (1) If a corporation does not within a reasonable time allow a
4shareholder to inspect and copy any record described in s. 180.1602 (1) (1m) or (2),
5the shareholder who complies with s. 180.1602 (1m) or (2), as applicable, may apply
6to the circuit court for the county where the corporation's principal office or, if none
7in this state, its registered office is located for an order to permit inspection and
8copying of the records demanded.

Note: Inserts correct cross-reference. 1995 Wis. Act 400 renumbered s. 180.1602
(1) to s. 180.1602 (1m) and failed to change the first cross-reference in this subsection to
s. 180.1602 (1m).

AB878,13,1310 196.491 (3m) (a) Commission approval required. (intro.) Except as provided
11in par. (e) 1., an affiliated interest of a public utility may not own, control or operate
12a wholesale merchant plant without the approval of the commission. The
13commission shall grant its approval only if each of the following is satisfied:

Note: Fixes cross-reference to accommodate the renumbering of s. 196.491 (3m)
(e) 1. to s. 196.491 (3m) (e) in this bill. See Section 51 of this bill.

AB878,48 14Section 48. 196.491 (3m) (c) 1. (intro.) and a. of the statutes are consolidated,
15renumbered 196.491 (3m) (c) 1. and amended to read:

AB878,13,1816 196.491 (3m) (c) 1. In this paragraph: a. “Electric, “electric sale" means a sale
17of electricity that is generated at a wholesale merchant plant that is owned, operated,
18or controlled by an affiliated interest.

Note: Corrects statutory numbering to accommodate the repeal of s. 196.491 (3m)
(c) 1. b. in this bill. Adds comma consistent with current style. See the following Section
of this bill.

Note: Removes extraneous definition. Section 196.491 (3m) (c) 1. b. provides a
definition of “firm sale” in s. 196.491 (3m) (c), but that term does not otherwise appear

in s. 196.491 (3m) (c) as a result of the repeal of s. 196.491 (3m) (c) 3. by 2019 Wis. Act.
9 and the repeal of s. 196.491 (3m) (e) 2. by this bill. See the previous Section and Section
52 of this bill.

AB878,50 1Section 50. 196.491 (3m) (e) (title) of the statutes is repealed and recreated
2to read:

AB878,14,33 196.491 (3m) (e) (title) Exemption.

Note: Changes the title of this paragraph from plural to singular to accommodate
the repeal of s. 196.491 (3m) (e) 2. in this bill. See Section 52 of this bill.

Note: Corrects statutory numbering to accommodate the repeal of s. 196.491 (3m)
(e) 2. in this bill. See Section 52 of this bill.

Note: Removes extraneous language. This subdivision provides an exemption to
the requirement under s. 196.491 (3m) (c) 3., which was repealed by 2019 Wis. Act. 9. See
also Section 51 of this bill.

AB878,14,127 196.795 (6m) (c) Wholesale merchant plants. The assets of a wholesale
8merchant plant shall not be included in the sum of the assets of a public utility
9affiliate under par. (b) 1. a., b., or c. and shall not be included in a nonutility affiliate's
10total assets under par. (b) 2. a. if the requirements specified in s. 196.491 (3m) (a) 1.
11and 2. are satisfied or if the wholesale merchant plant qualifies for the exemption
12under s. 196.491 (3m) (e) 1.

Note: Fixes cross-reference to accommodate the renumbering of s. 196.491 (3m)
(e) 1. to s. 196.491 (3m) (e) in this bill. Adds comma consistent with current style. See
Section 51 of this bill.