Wisconsin § 645.035 Bankruptcy petition is prohibited.

Wisconsin Statutes

§ 645.035 — Bankruptcy petition is prohibited.

Wisconsin § 645.035

Ch. 645Insurers rehabilitation and liquidation

Subch.subch. I of ch. 645 SUBCHAPTER I

GENERAL PROVISIONS

This text of Wisconsin § 645.035 (Bankruptcy petition is prohibited.) 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. § 645.035 (2026).

Text

035
035(1) (1) In this section, “bankruptcy proceeding” means any proceeding under 11 USC 101 to 1330 .
035(2) (2) No insurer may commence a bankruptcy proceeding in which the insurer is a debtor.
035(3) (3) No person, including an insurer, may commence a bankruptcy proceeding against an insurer.
035(4) (4) No board of directors, director or officer of an insurer may authorize the commencement of a bankruptcy proceeding in which the insurer is a debtor or the commencement of a bankruptcy proceeding against an insurer. Any act, resolution, filing or other matter that purports to authorize the commencement of a bankruptcy proceeding in which the insurer is a debtor or against an insurer is void and without effect.
035(5) (5) This section applies to all insurers, inclu

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

645.035
645.035(1) (1) In this section, “bankruptcy proceeding” means any proceeding under 11 USC 101 to 1330 .
645.035(2) (2) No insurer may commence a bankruptcy proceeding in which the insurer is a debtor.
645.035(3) (3) No person, including an insurer, may commence a bankruptcy proceeding against an insurer.
645.035(4) (4) No board of directors, director or officer of an insurer may authorize the commencement of a bankruptcy proceeding in which the insurer is a debtor or the commencement of a bankruptcy proceeding against an insurer. Any act, resolution, filing or other matter that purports to authorize the commencement of a bankruptcy proceeding in which the insurer is a debtor or against an insurer is void and without effect.
645.035(5) (5) This section applies to all insurers, including but not limited to an insurer doing business as a health maintenance organization, as defined in s. 609.01 (2) .