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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Copies of communications. The commissioner may by rule prescribe that copies of specified classes of communications circulated generally by a corporation to shareholders or policyholders shall be communicated to the commissioner at the same time.
(2) Attendance at meetings. The commissioner has the right to attend any shareholders' or policyholders' meeting.
(3) Exception. Subsection (2) and, so far as it relates to communications to shareholders, sub. (1) do not apply to stock corporations all of whose voting shares are owned by a single person, or all of whose shareholders are either members of the board or are represented on it.
Cite this article: FindLaw.com - Wisconsin Statutes Insurance (Ch. 600 to 655) § 611.41. Communications to shareholders or policyholders and commissioner's attendance at meetings - last updated January 01, 2025 | https://codes.findlaw.com/wi/insurance-ch-600-to-655/wi-st-611-41/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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