613.31 Securities regulation.
(1) Registration. No securities issued by a service insurance corporation may be sold by or for the corporation unless they are registered or exempt from registration under ch. 551.
(2) Approval by commissioner. Securities of a service insurance corporation may not be registered under ch. 551 without prior approval of the commissioner of insurance.
History: 1975 c. 223.
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.