Wisconsin § 616.74 Manner of obtaining company license; fee.

Wisconsin Statutes

§ 616.74 — Manner of obtaining company license; fee.

Wisconsin § 616.74

Ch. 616Miscellaneous insurers

Subch.subch. IV of ch. 616 SUBCHAPTER IV

MOTOR CLUB SERVICE CONTRACTS

This text of Wisconsin § 616.74 (Manner of obtaining company license; fee.) 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.

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Wis. Stat. § 616.74 (2026).

Text

74
74(1) (1) No certificate of authority shall be issued by the commissioner until the company has filed with the commissioner the following:
74(1)(a) (a) A formal application in such form and detail as the commissioner may require, executed under oath by its president or other principal officer;
74(1)(b) (b) A certified copy of its charter or articles of incorporation and its bylaws, if any;
74(1)(c) (c) A certificate from the department of financial institutions, if it is a nonprofit corporation, that it has complied with the corporation laws of this state; if it is a corporation the stock of which has been or is being sold to the general public, a certificate from the division of securities that it has complied with the requirements of the securities law of this stat

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616.74
616.74(1) (1) No certificate of authority shall be issued by the commissioner until the company has filed with the commissioner the following:
616.74(1)(a) (a) A formal application in such form and detail as the commissioner may require, executed under oath by its president or other principal officer;
616.74(1)(b) (b) A certified copy of its charter or articles of incorporation and its bylaws, if any;
616.74(1)(c) (c) A certificate from the department of financial institutions, if it is a nonprofit corporation, that it has complied with the corporation laws of this state; if it is a corporation the stock of which has been or is being sold to the general public, a certificate from the division of securities that it has complied with the requirements of the securities law of this state.
616.74(2) (2) No certificate of authority shall be issued by the commissioner until the company has paid to the commissioner the fee required by s. 601.31 (1) (b) .
616.74(3) (3) Every certificate of authority issued hereunder shall expire annually on July 1, of each year, unless sooner revoked or suspended, as hereinafter provided.