610.01 Definitions. - Wisconsin Statutes

610.01

610.01 Definitions. In chs. 610 to 620 and 644, unless the context requires otherwise:

610.01(1)

(1) "Director" includes "trustee".

610.01(2)

(2) "Officer" does not include "director".

610.01(3)

(3) "Promoter stock" means shares issued by a domestic stock corporation under ss. 611.18 (2) (a) 2. and 611.32 (1), and shares issued within 5 years after the initial issuance of the certificate of authority, to incorporators, directors, principal officers, members of the families of any of these persons, and to any corporations controlled by, or any trustee acting in behalf of, any of these persons.

610.01(4)

(4) In any provision of ch. 180 or 181 made applicable by any section of chs. 600 to 646, "department" shall be read "commissioner of insurance".

610.01 - ANNOT.

History: 1971 c. 260; 1979 c. 102, 177; 1983 a. 189; 1995 a. 27; 1997 a. 227.