Wisconsin § 645.035 - Bankruptcy petition is prohibited.
Full text of Wisconsin Wisconsin Statutes § 645.035 — Bankruptcy petition is prohibited., with citation guidance and answers to common questions.
§ 645.035. Bankruptcy petition is prohibited.
645.035(1) (1) In this section, “bankruptcy proceeding” means any proceeding under 11 USC 101 to 1330 . 645.035(2) (2) No insurer may commence a bankruptcy proceeding in which the insurer is a debtor. 645.035(3) (3) No person, including an insurer, may commence a bankruptcy proceeding against an insurer. 645.035(4) (4) No board of directors, director or officer of an insurer may authorize the commencement of a bankruptcy proceeding in which the insurer is a debtor or the commencement of a bankruptcy proceeding against an insurer. Any act, resolution, filing or other matter that purports to authorize the commencement of a bankruptcy proceeding in which the insurer is a debtor or against an insurer is void and without effect. 645.035(5) (5) This section applies to all insurers, including but not limited to an insurer doing business as a health maintenance organization, as defined in s. 609.01 (2) . 645.035 History History: 1989 a. 23 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 645.035
What does Wisconsin Statutes § 645.035 cover?
Section 645.035 ("Bankruptcy petition is prohibited.") 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 § 645.035?
A common citation format is "Wisconsin Statutes § 645.035" (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 § 645.035 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.