Section 85.08. Corporate guardian closing.

 

(1)  If a guardian is a corporation and the corporation's corporate status is revoked by the department of financial institutions or is voluntarily or involuntarily dissolved, or if the guardian is an unincorporated association and the association's status is voluntarily or involuntarily dissolved by the members or a court, or becomes inactive, the guardian shall notify each of its wards, the department, the court which ordered the guardianship, the county department designated under s. 55.02 (2) , Stats., and all agencies or persons serving the ward in writing at least 30 days before the corporation closes.

(2)  The corporate guardian shall remain responsible for each ward until a successor guardian is appointed by the court.

(3)  The corporate guardian shall transfer the original records of its wards to the successor guardian appointed by the court.

History: CR 09-061 : cr. Register May 2010 No. 653 , eff. 6-1-10.