Wis. Admin. Code Department of Administration § Adm 84.09 - Determination of active management
(1) Factors which
shall be considered in determining whether the applicant meets the active
management requirement include, but are not limited to, the following:
(a) Whether the minority owner or owners are
responsible for making business decisions affecting the day-to-day operations
of the firm, such as the purchase of goods, equipment, business inventory and
services.
(b) Whether the minority
owner or owners have the responsibility for the supervision of the firm's
employees.
(c) Whether the minority
owner or owners have a working knowledge of the technical requirements of the
business .
(2) Where the
actual day-to-day management is delegated to a nonminority individual, the
minority management requirement may be met if the minority owner or owners have
the ultimate power to hire and fire the manager.
Notes
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