Wisconsin Statutes & Annotations
Chapter 614 - Insurance — fraternals.
614.18 - Incorporators' liability and organization expenses.

614.18 Incorporators' liability and organization expenses. Section 611.18 (1) and (2) (b) applies to fraternals, except that the word “mutual" shall be read “fraternal".
History: 1975 c. 373.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 614 - Insurance — fraternals.

614.01 - Definitions.

614.02 - Scope and purposes.

614.03 - Orders imposing and relaxing restrictions.

614.05 - Applicability of other insurance laws to fraternals.

614.07 - General corporate powers and procedures.

614.09 - Reservation of corporate name.

614.10 - Members and applicants in fraternals.

614.11 - Incorporators.

614.12 - Articles of incorporation and bylaws.

614.13 - Organization permit and certificate of incorporation.

614.14 - Powers under organization permit and deposit of proceeds of subscriptions.

614.16 - Termination of organization permit and payment of organization expenses.

614.18 - Incorporators' liability and organization expenses.

614.19 - Initial surplus requirements.

614.20 - Certificate of authority.

614.22 - Accelerated organization procedure.

614.24 - Segregated accounts, variable benefits and subsidiaries.

614.28 - Changes in business plan.

614.29 - Amendment of articles of incorporation.

614.31 - Securities regulation.

614.33 - Authorized securities.

614.41 - Communications to members.

614.42 - Representative form of government.

614.43 - Annual report to fraternal members.

614.51 - Board of directors.

614.53 - Removal of directors and officers and filling of vacancies.

614.54 - Supervision of management changes.

614.55 - Continuity of management in emergencies.

614.56 - Committees of directors.

614.57 - Interlocking directorates and other relationships.

614.60 - Transactions with affiliates and in which directors and others are interested.

614.62 - Directors' liability and indemnification.

614.63 - Executive compensation.

614.66 - Exclusive agency contracts and management contracts.

614.73 - Merger and consolidation of fraternals.

614.74 - Voluntary dissolution of solvent domestic fraternals.

614.76 - Voluntary conversion of fraternals to mutuals.

614.77 - Rehabilitation or involuntary conversion.

614.78 - Maintenance of solvency.

614.79 - Rehabilitation and liquidation.

614.80 - Tax exemption.

614.82 - Fraternal expenditures and activities.

614.94 - Fraternals as fundholders.

614.96 - Exemption of fraternal benefits.