612.14 Reports. An officer or person designated by an officer of the company shall present to the annual meeting written reports showing the condition of the town mutual on the previous December 31 and its activity during the preceding calendar year, including any information required to be presented by the articles or bylaws or by the commissioner. The officer or person designated by an officer shall include in the reports a sufficient level of information to reasonably inform members about the financial condition of the town mutual.
History: 1973 c. 22; 2015 a. 90.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
612.01 - Purposes, scope, interpretation and definitions.
612.02 - Organization of town mutuals.
612.03 - General powers and effect of unauthorized corporate acts.
612.04 - Amendments of articles, bylaws and business plan.
612.12 - Voting rights of members.
612.13 - Directors and officers.
612.15 - Supervision of management changes.
612.16 - Exclusive agency and management contracts.
612.18 - Transactions with affiliates and in which directors and others are interested.
612.21 - Merger of town mutuals.
612.22 - Merger of town mutuals and mutual insurance corporations.
612.23 - Conversion of town mutuals into mutual insurance corporations.
612.24 - Transfer of business.
612.25 - Voluntary dissolution of town mutuals.
612.35 - Borrowing and repayment.
612.52 - Undertaking to pay premiums and assessments.