644.24 Subsequent restructuring. A mutual holding company, in conjunction with the converted insurance company and any intermediate stock holding company, may merge together and convert into a mutual insurance company if the requirements of ss. 611.72 and 611.75 are met and the members of the mutual holding company vote to approve the merger and conversion into a mutual insurance company.
History: 1997 a. 227.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 644 - Domestic mutual insurance holding companies.
644.05 - General corporate powers and procedures.
644.06 - Registered agent for service of process.
644.07 - Restructuring procedures.
644.08 - Reservation of corporate name.
644.09 - Articles, amendments, bylaws and principal officers.
644.10 - Acquisition, merger or consolidation as part of the plan.
644.11 - Restructuring of domestic or foreign mutual with existing domestic mutual holding company.
644.12 - Transfers of a mutual holding company's place of domicile to this state.
644.13 - Restrictions on ownership.
644.15 - Sale of voting stock; subscription rights; dividends.
644.16 - Board of directors, committees and records.
644.18 - Directors' and officers' liability and indemnification.
644.19 - Executive compensation.
644.20 - Management contract services.
644.21 - Annual report of domestic mutual holding company.
644.22 - Securities regulation.
644.23 - Authority to issue mutual bonds and contribution notes.
644.24 - Subsequent restructuring.
644.25 - Conversion of domestic mutual holding company into a stock corporation.
644.26 - Transfer of business or assets of mutual holding companies.
644.27 - Merger and consolidation of mutual holding companies.
644.28 - Voluntary dissolution of domestic mutual holding companies.
644.29 - Involuntary dissolution of domestic mutual holding companies.