613.29 Amendment of articles.
(1) Right to amend articles. A service insurance corporation may amend its articles under ss. 181.1001 to 181.1007 in any desired respect including substantial changes of its original purposes not inconsistent with this chapter. No amendment may be made contrary to s. 613.12.
(2) Filing. For 5 years after the initial issuance of a certificate of authority, proposed amendments of the articles which are not changes in the business plan shall be filed with the commissioner at least 30 days before the amendment is submitted to the members for approval, or if such approval is not required, at least 30 days before the effective date. No amendment may become effective until the articles of amendment have been filed with the commissioner.
(3) Effect of amendment. Section 181.1008 applies to service insurance corporations.
History: 1975 c. 223; 1997 a. 79.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 613 - Service insurance corporations.
613.03 - Applicability of other laws to service insurance corporations.
613.04 - Orders imposing and eliminating restrictions.
613.07 - General corporate powers and procedures.
613.10 - Reserved and registered names.
613.13 - Certificate of incorporation and authority.
613.19 - Financial and contractual resources.
613.20 - Alteration of certificate of authority.
613.24 - Segregated asset and special accounts.
613.28 - Changes in business plan.
613.29 - Amendment of articles.
613.31 - Securities regulation.
613.33 - Authorized securities.
613.40 - Members and meetings.
613.41 - Communications to members or policyholders and attendance at meetings.
613.53 - Policyholder or public members of board of directors.
613.54 - Supervision of management changes.
613.55 - Continuity of management in emergencies.
613.56 - Committees of directors.
613.57 - Interlocking directorates and other relationships.
613.58 - Policyholders' committee.
613.60 - Transactions with affiliates in which directors and others are interested.
613.62 - Directors' and officers' liability and indemnification.
613.63 - Executive compensation.
613.66 - Exclusive agency contracts.
613.67 - Management contracts.
613.72 - Merger of service insurance corporations.
613.74 - Voluntary dissolution of solvent service insurance corporations.
613.75 - Conversion of a service insurance corporation into a stock or mutual insurance corporation.
613.78 - Transfer of business or assets.