Current as of January 01, 2018 | Updated by FindLaw Staff
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If the commissioner believes that a fraternal does not satisfy the requirements of this chapter, the commissioner shall call a hearing and upon a finding that the fraternal does not satisfy the requirements, the commissioner shall petition for rehabilitation under s. 645.31, for the purpose of rehabilitating the fraternal or, if that is not possible, of converting the fraternal to a mutual.
Cite this article: FindLaw.com - Wisconsin Statutes Insurance (Ch. 600 to 655) § 614.77. Rehabilitation or involuntary conversion - last updated January 01, 2018 | https://codes.findlaw.com/wi/insurance-ch-600-to-655/wi-st-614-77.html
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