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Wisconsin Statutes Insurance (Ch. 600 to 655) § 610.23. Power to hold property in other than own name

Current as of January 01, 2025 | Updated by Findlaw Staff

An insurer shall hold all investments and deposits of its funds in its own name except that:

(1) Custodial or trust arrangements. Securities kept under a custodial agreement or trust arrangement with a bank or banking and trust company may be issued in the name of a nominee of the bank or banking and trust company; and

(2) Bearer securities. Any insurer may acquire and hold securities in bearer form.

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Cite this article: FindLaw.com - Wisconsin Statutes Insurance (Ch. 600 to 655) § 610.23. Power to hold property in other than own name - last updated January 01, 2025 | https://codes.findlaw.com/wi/insurance-ch-600-to-655/wi-st-610-23/

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