Wisconsin Statutes 613.69 – Distributions
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Terms Used In Wisconsin Statutes 613.69
- Officers: when applied to corporations include directors and trustees. See Wisconsin Statutes 990.01
(1) General. Subchapter XIII of ch. 181 applies to service insurance corporations.
(2) Notice to commissioner. No payments, other than the contractual compensation for services rendered to policyholders or payments to policyholders, officers and employees in the ordinary course of business, may be made to the members until 30 days after the proposed action has been reported to the commissioner.