616.10 Exemption from taxation. Every mutual designated a school benefit insurer under s. 616.03, every plan authorized under s. 616.06, and every corporation organized under s. 616.08 is declared to be a charitable and benevolent corporation, and its property, real, personal and mixed, and its income and property transferred to it, are exempt from taxation as provided in ss. 70.11, 71.26 (1) (a) and 71.45 (1) (a).
History: 1979 c. 261; 1987 a. 27 s. 3202 (47) (a); 1987 a. 312 s. 17; 2007 a. 20.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 616 - Miscellaneous insurers.
616.03 - Designation of a mutual insurer as a school benefit insurer.
616.06 - Continuation of existing school benefit plans.
616.07 - Certificate of authority.
616.08 - Organization of new insurers.
616.09 - Applicability of other statutes.
616.10 - Exemption from taxation.
616.14 - Limitations applicable to plans under s. 616.06.
616.18 - Restrictions on transactions.
616.54 - Requirements for doing business.
616.56 - Form filing and required disclosures.
616.60 - Record-keeping requirements.
616.71 - Motor club service; definitions.
616.72 - License to sell motor club service.
616.74 - Manner of obtaining company license; fee.
616.76 - Form of service contract.
616.77 - Execution of service contract.
616.78 - Contents of contract.
616.79 - Only agents to solicit business.
616.80 - Misrepresentations forbidden.