Wisconsin § 644.19 Executive compensation.

Wisconsin Statutes

§ 644.19 — Executive compensation.

Wisconsin § 644.19

Ch. 644Domestic mutual insurance holding companies

Subch.subch. II of ch. 644 SUBCHAPTER II

MUTUAL INSURANCE HOLDING COMPANIES

This text of Wisconsin § 644.19 (Executive compensation.) 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. § 644.19 (2026).

Text

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19(1) (1) General. Section 611.63 (4) and (5) applies to mutual holding companies.
19(2) (2) Approval by members. A benefit plan or amendment to a benefit plan that proposes to provide benefits in the form of stock or stock options of a converted insurance company or any intermediate stock holding company to the directors or officers of the converted insurance company, intermediate stock holding company or mutual holding company may not take effect unless it is submitted to a vote of the members of the mutual holding company and approved by a majority of the members voting. Notice of a meeting at which a vote under this subsection will be taken shall be given in accordance with s. 644.14 (1) or (2) .
19(3) (3) Notice to commissioner. The commissioner may by rule require 

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644.19
644.19(1) (1) General. Section 611.63 (4) and (5) applies to mutual holding companies.
644.19(2) (2) Approval by members. A benefit plan or amendment to a benefit plan that proposes to provide benefits in the form of stock or stock options of a converted insurance company or any intermediate stock holding company to the directors or officers of the converted insurance company, intermediate stock holding company or mutual holding company may not take effect unless it is submitted to a vote of the members of the mutual holding company and approved by a majority of the members voting. Notice of a meeting at which a vote under this subsection will be taken shall be given in accordance with s. 644.14 (1) or (2) .
644.19(3) (3) Notice to commissioner. The commissioner may by rule require that any action taken by the board of a mutual holding company, or the board of any intermediate stock holding company, on any of the subjects specified in s. 181.0302 (11) to (14) be reported to the commissioner within 30 days after the action is taken.