Wisconsin § 628.48 - Risk retention groups.
Full text of Wisconsin Wisconsin Statutes § 628.48 — Risk retention groups., with citation guidance and answers to common questions.
§ 628.48. Risk retention groups.
628.48(1) (1) Prohibited marketing. A risk retention group may not do any of the following: 628.48(1)(a) (a) Solicit or sell insurance to any person who is not eligible for membership in the risk retention group. 628.48(1)(b) (b) Solicit or sell insurance or otherwise operate if the risk retention group is in a hazardous financial condition or is financially impaired. 628.48(2) (2) Notice in policies. A risk retention group may not issue an insurance policy unless the following notice, in 10-point type, is included on the front page and declarations page of the policy: Notice This policy is issued by your risk retention group. Your risk retention group may not be subject to all of the insurance laws and regulations of your state. State insurance insolvency guaranty funds are not available for your risk retention group. 628.48 History History: 1987 a. 247 .
Frequently Asked Questions About Wisconsin § 628.48
What does Wisconsin Statutes § 628.48 cover?
Section 628.48 ("Risk retention groups.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 628.48?
A common citation format is "Wisconsin Statutes § 628.48" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 628.48 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.