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the Wisconsin Statutes & Annotations
2012 Wisconsin Statutes & Annotations
617. Regulation of insurance holding companies and intercorporate transactions relating to insurers.
617.01 Construction and purpose.
Universal Citation:
WI Stat ยง 617.01 (2012 through Act 45)
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617.01โ Construction and purpose.
(1)โ Construction. This chapter shall be liberally construed to achieve the purpose of sub. (2), which shall constitute an aid and guide to interpretation but not an independent source of power.
(2)โPurpose. The purpose of this chapter is to protect the interests of insureds, stockholders and of the public against intercorporate transactions among affiliates that may affect the solidity of insurers authorized to do business in this state or otherwise be detrimental to protected interests.
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