600.01 Scope of application. (1) General. (a) Chapters 600 to 655 restrict otherwise legitimate business activity and what chs. 600 to 655 do not prohibit is permitted unless contrary to other provisions of the law of this state. (b) Unless otherwise expressly provided, chs. 600 to 646 do not apply to: 1. Reinsurance. 2. Death […]
600.02 Interpretive rules. In chs. 600 to 655, unless the context indicates otherwise: (1) “Includes” means “including but not limited to”. (2) Statements that a term “includes” or “excludes” something else are not definitions. (3) References in s. 600.03 to particular sections only indicate where a term is especially relevant, and do not limit its […]
600.03 Definitions, usages and synonyms. In chs. 600 to 655, unless the context indicates otherwise: (1) “Affiliate” of a person means any other person who controls, is controlled by, or is under common control with, the first person. A corporation is an affiliate of another corporation, regardless of ownership, if substantially the same group of […]
600.12 Construction. (1) Unless otherwise provided, chs. 600 to 655 shall be liberally construed to achieve the purposes stated therein. Unless expressly provided otherwise or clearly appearing from the context the purposes stated shall constitute an aid and guide to interpretation but not an independent source of power. (2) If a provision of chs. 600 […]
600.13 Orders relaxing restrictions. (1) Issuance. After notice under sub. (2) and a hearing, the commissioner may issue an order freeing a person from any requirement of chs. 600 to 647 otherwise applicable to the person if the commissioner finds that the interests of residents, as defined in s. 647.01 (11), insureds, creditors and the […]
