Wisconsin § 644.04 - Restructuring.
Full text of Wisconsin Wisconsin Statutes § 644.04 — Restructuring., with citation guidance and answers to common questions.
§ 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.
Frequently Asked Questions About Wisconsin § 644.04
What does Wisconsin Statutes § 644.04 cover?
Section 644.04 ("Restructuring.") 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 § 644.04?
A common citation format is "Wisconsin Statutes § 644.04" (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 § 644.04 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.