Chapter 82, Transfer of Membership, Demission and Resignation
82.08 Resignation from Fraternity and Reinstatement, of the Masonic Code of Wisconsin states:
a) An Entered Apprentice, Fellowcraft or Master Mason may resign from the fraternity. A letter of resignation received by the Secretary of his lodge shall be sufficient to terminate his status as a Mason provided he is clear on the books and free of charges. Upon receipt of a letter of
resignation, the Secretary shall so inform the lodge at its next regular communication and enter
the fact in the minutes of the meeting.
b) Except as provided in (c), a resigned Mason may petition any Wisconsin lodge for cancellation of his resignation and for restoration to his former status as a Mason. The petition for restoration shall be accompanied with a restoration fee of Five Dollars. The procedure shall then be the same as a petition for transfer or plural membership. If elected he is restored to the status of a Mason in good standing.
c) A Mason who resigns after the close of the 1992 annual communication of the Grand Lodge and who is convicted of a felony or a sexual assault misdemeanor (either before or after such resignation) shall only be restored to membership upon petition to the Grand Lodge and restoration to membership by the Grand Lodge pursuant to Section 109.04 of the Masonic Code.
Chapter 86, Masonic Status:
86.06 When in Good Standing. A Mason is in good standing until he shall have been duly suspended or expelled and notified of loss of standing by the Grand Secretary.
86.07 Mason Can Resign. A Mason can voluntarily withdraw from the Craft. (82.08)
Check with your District Deputy, but as I read it, if he properly resigns before suspension he is in good standing. If he just walks, and is subsequently suspended, he is not.