Restructuring. — Wisconsin Code § 644.04
Wisconsin Code § 644.04 — Restructuring.. Reproduced from the official Wisconsin Statutes, with a citation summary, verification link, and related provisions.
§ 644.04. Restructuring.
644.04(1) (1) On the effective date of a restructuring under this chapter, all of the following shall occur: 644.04(1)(a) (a) The converting insurance company shall become a domestic stock insurance company. 644.04(1)(b) (b) All membership interests and rights in surplus of the converting insurance company shall be extinguished and the members of the converting insurance company shall become members of the mutual holding company in accordance with this chapter and the articles of incorporation and bylaws of the mutual holding company. 644.04(1)(c) (c) All shares of the voting stock of the converting insurance company shall be acquired and retained by the mutual holding company or, if created, an intermediate stock holding company. 644.04(1)(d) (d) All of the shares of voting stock of any intermediate stock holding company shall be acquired and retained by the mutual holding company. 644.04(2) (2) Any intermediate stock holding company created at the time of the restructuring to hold the stock of the converting insurance company shall be incorporated under ch. 180 and may engage in any business or activity permitted by ch. 180 . 644.04(3) (3) The converted insurance company, subject to s.
Source: official Wisconsin text · Last verified 2026-08-27
At a glance
- Citation: Wisconsin Statutes § 644.04
- Jurisdiction: Wisconsin
- Code: Wisconsin Statutes
- Subject: Restructuring.
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Wisconsin Statutes. Confirm it against the primary source before relying on it:
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Common questions
What is the source of Wisconsin Statutes § 644.04?
The text above is transcribed from the Wisconsin Statutes, the codified statutes of Wisconsin. The official publisher link appears under "Verify the text" on this page.
What subject does Wisconsin Statutes § 644.04 address?
It addresses "Restructuring.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Wisconsin Statutes § 644.04 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Wisconsin source before relying on this text.
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