Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 644. Domestic Mutual Insurance Holding Companies |
SubChapter II. MUTUAL INSURANCE HOLDING COMPANIES |
Section 644.23. Authority to issue mutual bonds and contribution notes.
Latest version.
- Section 611.33 (2) (a) , (b) , (c) and (e) applies to mutual holding companies. In the event of dissolution under this chapter, unpaid amounts of principal and interest on contribution notes shall be subordinated to the payment of principal and interest on any mutual bonds issued by the mutual holding company at any time.