610.001 Purposes. The purposes of chs. 611 to 616 are:(1) To provide an orderly procedure by which insurers may be created, governed and dissolved;(2) To provide for procedures to merge, consolidate or convert various kinds of insurers;(3) To provide for structure and management that will maximize democratic participation in the operation of insurers; and(4) To prevent or control self-dealing by management in order to protect the interests of shareholders, policyholders, members, subscribers and the public.History: 1971 c. 260; 1979 c. 102 s. 237; 1979 c. 261.
Wisconsin Legal Code