611.41 Communications to shareholders or policyholders and commissioner’s attendance at meetings. (1) COPIES OF COMMUNICATIONS. The commissioner may by rule prescribe that copies of specified classes of communications
May 22, 2026, are designated by NOTES. (Published 5-22-26)
Updated 23-24 Wis. Stats. 10 DOMESTIC STOCK AND MUTUAL INSURANCE CORPORATIONS circulated generally by a corporation to shareholders or policy- ing of policyholders not more than 60 days and not less than 10 holders shall be communicated to the commissioner at the same days, or, if notice is mailed by any type other than first class or time. registered mail, 30 days, before the meeting date. If the board of (2) ATTENDANCE AT MEETINGS. The commissioner has the directors has authorized participation by means of remote communication under s. 611.426, the notice shall describe the means right to attend any shareholders’ or policyholders’ meeting. (3) EXCEPTION. Subsection (2) and, so far as it relates to of remote communication to be used. 2. Notice of an annual or regular meeting includes a descripcommunications to shareholders, sub. (1) do not apply to stock corporations all of whose voting shares are owned by a single per- tion of any matter or matters that must be approved by the policyson, or all of whose shareholders are either members of the board holders under s. 181.0723 (2), 181.0831, 181.0873 (4), 181.1003, 181.1021, 181.1103, 181.1133, 181.1163, 181.1173, 181.1202, or are represented on it. History: 1971 c. 260; 1979 c. 102 s. 236 (21). or 181.1401. 3. Notice of a special meeting includes a description of the