AB163,526
3Section
526. 601.72 (3) of the statutes is amended to read:
AB163,134,74
601.72
(3) Others affected. The commissioner and department of financial
5institutions
and professional standards shall also be attorneys for the personal
6representatives, receivers, trustees, or other successors in interest of the persons
7specified in sub. (1).
AB163,527
8Section
527. 601.73 (1) (intro.) of the statutes is amended to read:
AB163,134,119
601.73
(1) Requirements for effective service. (intro.) Service upon the
10commissioner or department of financial institutions
and professional standards 11under s. 601.72 is service on the principal, if:
AB163,528
12Section
528. 601.73 (1) (a) of the statutes is amended to read:
AB163,134,1513
601.73
(1) (a) Two copies of the process are left in the hands or office of the
14commissioner or department of financial institutions
and professional standards 15respectively; and
AB163,529
16Section
529. 601.73 (1) (b) of the statutes is amended to read:
AB163,134,1917
601.73
(1) (b) The commissioner or department of financial institutions
and
18professional standards mails a copy of the process to the person served according to
19sub. (2) (b).
AB163,530
20Section
530. 601.73 (2) (a) of the statutes is amended to read:
AB163,134,2321
601.73
(2) (a)
Records. The commissioner and department of financial
22institutions
and professional standards shall give receipts for and keep records of all
23process served through them.
AB163,531
24Section
531. 601.73 (2) (b) of the statutes is amended to read:
AB163,135,5
1601.73
(2) (b)
Process mailed. The commissioner or department of financial
2institutions
and professional standards shall send immediately by certified mail to
3the person served, at the person's last-known principal place of business, residence
4or post-office address or at an address designated in writing by the person, one copy
5of any process received and shall retain the other copy.
AB163,532
6Section
532. 601.73 (3) of the statutes is amended to read:
AB163,135,117
601.73
(3) Proof of service. A certificate by the commissioner or the
8department of financial institutions
and professional standards, showing service
9made upon the commissioner or department of financial institutions
and
10professional standards, and attached to a copy of the process presented for that
11purpose is sufficient evidence of the service.
AB163,533
12Section
533. 601.93 (2) of the statutes is amended to read:
AB163,135,2413
601.93
(2) Every insurer doing a fire insurance business in this state shall,
14before March 1 in each year, file with the commissioner a statement, showing the
15amount of premiums upon fire insurance due for the preceding calendar year.
16Return premiums may be deducted in determining the premium on which the fire
17department dues are computed. Payments of quarterly installments of the total
18estimated payment for the then current calendar year under this subsection are due
19on or before April 15, June 15, September 15 and December 15. On March 1 the
20insurer shall pay any additional amounts due for the preceding calendar year.
21Overpayments will be credited on the amount due April 15. The commissioner shall,
22prior to May 1 each year, report to the department of
safety and professional services 23financial institutions and professional standards the amount of dues paid under this
24subsection and to be paid under s. 101.573 (1).
AB163,534
25Section
534. 610.70 (1) (a) of the statutes is amended to read:
AB163,136,4
1610.70
(1) (a) "Health care provider" means any person licensed, registered,
2permitted or certified by the department of health services or the department of
3safety and professional services financial institutions and professional standards to
4provide health care services, items or supplies in this state.
AB163,535
5Section
535. 611.29 (1) of the statutes is amended to read:
AB163,136,136
611.29
(1) Right to amend articles. A stock corporation may amend its articles
7under ss. 180.0726, 180.1001 to 180.1007, 180.1706, 180.1707 and 180.1708 (4) and
8a mutual may amend its articles under ss. 181.1001, 181.1002 (1), 181.1003,
9181.1005 and 181.1006, except that papers required by those sections to be filed with
10the department of financial institutions
and professional standards shall instead be
11filed with the commissioner. Subject to sub. (3), the stock corporation or mutual may
12amend its articles in any desired respect including substantial changes of its original
13purposes. No amendment may be made contrary to s. 611.12 (1) to (3).
AB163,536
14Section
536. 611.72 (1) of the statutes is amended to read:
AB163,136,1915
611.72
(1) General. Subject to this section, ss. 180.1101, 180.1103 to 180.1106,
16180.1706, 180.1707, and 180.1708 (5) apply to the merger of a domestic stock
17insurance corporation or its parent insurance holding corporation, except that
18papers required by those sections to be filed with the department of financial
19institutions
and professional standards shall instead be filed with the commissioner.
AB163,537
20Section
537. 611.73 (1) (a) of the statutes is amended to read:
AB163,136,2421
611.73
(1) (a)
In general. Any 2 or more domestic mutuals may merge under
22the procedures of this section and ss. 181.1105 and 181.1106, except that papers
23required by those sections to be filed with the department of financial institutions
24and professional standards shall instead be filed with the commissioner.
AB163,538
25Section
538. 611.74 (1) of the statutes is amended to read:
AB163,137,15
1611.74
(1) Plan of dissolution. At least 60 days prior to the submission to
2shareholders or policyholders of any proposed voluntary dissolution of an insurance
3corporation under s. 180.1402 or 181.1401 the plan shall be filed with the
4commissioner. The commissioner may require the submission of additional
5information to establish the financial condition of the corporation or other facts
6relevant to the proposed dissolution. If the shareholders or policyholders adopt the
7resolution to dissolve, the commissioner shall, within 30 days after the adoption of
8the resolution, begin to examine the corporation. The commissioner shall approve
9the dissolution unless, after a hearing, the commissioner finds that it is insolvent or
10may become insolvent in the process of dissolution. Subject to chs. 600 to 645, upon
11approval, the corporation may dissolve under ss. 180.1402 to 180.1408 and 180.1706,
12or ss. 181.1401 to 181.1407, except that papers required by those sections to be filed
13with the department of financial institutions
and professional standards shall
14instead be filed with the commissioner. Upon disapproval, the commissioner shall
15petition the court for liquidation or for rehabilitation under ch. 645.
AB163,539
16Section
539. 611.76 (11) of the statutes is amended to read:
AB163,137,2017
611.76
(11) Security regulation. The filing with the
division of securities 18department of financial institutions and professional standards of a certified copy of
19the plan of conversion as approved by the commissioner constitutes registration
20under s. 551.305 of the securities authorized to be issued thereunder.
AB163,540
21Section
540. 613.01 (8) (title) of the statutes is amended to read: