AB 271

Under current law, a department or detachment of a Marine Corps League may

be organized as a corporate entity and, upon making the required filing with the

Department of Financial Institutions (DFI), has full corporate power to transact

business in this state and no personal liability may attach for its corporate acts. This

filing with DFI must include a complete list of its duly elected officers. In executing

any conveyance or encumbrance by a Marine Corps League corporation, the

detachment or department commandant and the detachment or department

adjutant, or similar officers, have the powers and duties granted to presidents and

secretaries of private corporations.

Also under current law, by January 1 of each year, the state organization of a

veterans' society that has an incorporated unit must file with DFI an annual report

showing the elected officers of the state organization. If the veterans' society has no

state organization, each incorporated unit must file with DFI by January 1 of each

year an annual report of the elected officers.

This bill requires any department or detachment of the Marine Corps League

in this state to be incorporated under state law. The bill specifies that any such

corporation is subordinate to the national Marine Corps League. The bill also

requires each detachment of the Marine Corps League in this state, including any

unit, auxiliary, or affiliate of such a detachment, to file an annual report by October

1 of each year with the Marine Corps League, department of Wisconsin, showing the

elected officers of the detachment. The Marine Corps League, department of

Wisconsin, must then file a consolidated annual report, by January 1 of each year,

that includes information of the department and of each detachment. The bill also

specifies that, in executing any conveyance or encumbrance by a Marine Corps

League corporation, the detachment or department senior vice commandant has the

same powers and duties granted for an adjutant.