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2017 Wisconsin Statutes & Annotations
Chapter 601. Insurance — administration.
601.55 Nondomestic insurers; additional requirements.
Universal Citation: WI Stat § 601.55 (2017)
601.55 Nondomestic insurers; additional requirements. If another state or a foreign country requires domestic insurers doing business in that state or foreign country to deposit security, to pay a fee or tax not included in the computation under s. 76.66, to pay a fine or penalty or to comply with an obligation, prohibition or restriction that is in addition to or greater than requirements imposed by this state on nondomestic insurers doing a similar business in this state, this state may, as a condition for issuing a license to an insurer domiciled in that state or foreign country, impose a similar security requirement, fee, tax, fine, penalty, obligation, prohibition or restriction.
History: 1989 a. 31.
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