Section 610.001. Purposes.  


Latest version.
  • The purposes of chs. 611 to 616 are:
    (1)  To provide an orderly procedure by which insurers may be created, governed and dissolved;
    (2)  To provide for procedures to merge, consolidate or convert various kinds of insurers;
    (3)  To provide for structure and management that will maximize democratic participation in the operation of insurers; and
    (4)  To prevent or control self-dealing by management in order to protect the interests of shareholders, policyholders, members, subscribers and the public.