Section 601.51. Provision of certified copies and notices.

 

(1)   Certified copies. On request of any insurer authorized to do a surety business and its payment of the fee under s. 601.31 (1) , the commissioner shall mail a certified copy of its certificate of authority to any designated public officer in this state who requires such a certificate before accepting a bond. That public officer shall file it. Whenever a certified copy has been furnished to a public officer it is unnecessary, while the certificate remains effective, to attach a copy of it to any instrument of suretyship filed.

(2)   Notice of revocation of certificate. Whenever the commissioner revokes the certificate of authority of any insurer authorized to do a surety business, the commissioner shall immediately give notice thereof to each officer who was sent a certified copy under sub. (1) .

1975 c. 375 , 421 ; 1979 c. 102 s. 237 ; 1981 c. 20 s. 2202 (26) (a) . Legislative Council Note, 1975: This continues the substance of s. 204.04 (1) and (2). [Bill 642-S]