Wisconsin § 613.75 Conversion of a service insurance corporation into a stock or mutual insurance corporation.

Wisconsin Statutes

§ 613.75 — Conversion of a service insurance corporation into a stock or mutual insurance corporation.

Wisconsin § 613.75

Ch. 613Service insurance corporations

Subch.subch. V of ch. 613 SUBCHAPTER V

REORGANIZATION OF CORPORATIONS

This text of Wisconsin § 613.75 (Conversion of a service insurance corporation into a stock or mutual insurance corporation.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 613.75 (2026).

Text

613.75 613.75(1) (1) Authorization. Any service insurance corporation may be converted into a stock insurance corporation under ch. 611 upon complying with sub.

(2)and as much of s. 611.76 as is applicable, or into a mutual under ch. 611 upon complying with sub.

(2)and s. 611.75 . 613.75(2) (2) Approval by persons entitled to vote. The commissioner shall not issue an organization permit under s. 611.13 (3) or a certificate of authority under s. 611.22 (3) unless the conversion has been approved by a mail vote of at least two-thirds of those voting, including an affirmative vote of at least half of the members, or by a vote of at least two-thirds of the members present or represented by proxy at a special meeting called for that purpose.

Free access — add to your briefcase to read the full text and ask questions with AI

613.75
613.75(1) (1) Authorization. Any service insurance corporation may be converted into a stock insurance corporation under ch. 611 upon complying with sub. (2) and as much of s. 611.76 as is applicable, or into a mutual under ch. 611 upon complying with sub. (2) and s. 611.75 .
613.75(2) (2) Approval by persons entitled to vote. The commissioner shall not issue an organization permit under s. 611.13 (3) or a certificate of authority under s. 611.22 (3) unless the conversion has been approved by a mail vote of at least two-thirds of those voting, including an affirmative vote of at least half of the members, or by a vote of at least two-thirds of the members present or represented by proxy at a special meeting called for that purpose.