Wisconsin § 617.215 - Supervisory colleges.
Full text of Wisconsin Wisconsin Statutes § 617.215 — Supervisory colleges., with citation guidance and answers to common questions.
§ 617.215. Supervisory colleges.
617.215(1) (1) Definitions. In this section: 617.215(1)(a) (a) “Insurance holding company system” has the meaning given in s. 622.03 (2) . 617.215(1)(b) (b) “Supervisory college” means a temporary or permanent forum for communication and cooperation between the regulators charged with the supervision of an insurer that is part of an insurance holding company system with international operations. 617.215(2) (2) Powers of commissioner. 617.215(2)(a) (a) In accordance with par. (b) , the commissioner may participate in a supervisory college for any domestic insurer that is part of an insurance holding company system with international operations to determine the insurer’s compliance with this chapter. The powers of the commissioner with respect to supervisory colleges include all of the following: 617.215(2)(a)1. 1. Initiating the establishment of a supervisory college. 617.215(2)(a)2. 2. Clarifying the membership and participation of other supervisors in the supervisory college. 617.215(2)(a)3. 3. Clarifying the functions of the supervisory college and the role of other regulators, including the establishment of a group-wide supervisor. 617.215(2)(a)4. 4. Coordinating the ongoing activities of the supervisory college, including planning meetings, supervisory activities, and processes for information sharing. 617.215(2)(a)5. 5. Establishing a crisis management plan. 617.215(2)(b) (b) In order to assess the business strategy, financial position, legal and regulatory position, risk exposure, risk management, and governance processes of an insurer specified in par. (a) , and as part of an examination of such an insurer under s.
Frequently Asked Questions About Wisconsin § 617.215
What does Wisconsin Statutes § 617.215 cover?
Section 617.215 ("Supervisory colleges.") 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 § 617.215?
A common citation format is "Wisconsin Statutes § 617.215" (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 § 617.215 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.