614.41 Communications to members. (1) Official publications. A fraternal may provide in its laws for an official publication in which any notice, report, or statement required by law to be given to members, including notice of election, may be published. It shall be printed conspicuously in the publication. (2) Copies to commissioner. The commissioner may […]
614.42 Representative form of government. (1) Supreme governing body. The fraternal shall have a supreme governing body consisting either of: (a) Board of directors. A board with some directors elected directly by the members or by their representatives in intermediate assemblies under sub. (2), and other directors prescribed in the fraternal’s laws. The elected directors […]
614.43 Annual report to fraternal members. Every domestic fraternal shall send to each member having insurance or publish in the official publication under s. 614.41 (1) an annual report which shall contain basic financial and operating data, information about important business and corporate developments and such other information as the fraternal wishes to include or […]
614.51 Board of directors. (1) General. Sections 181.0801 (1) and (2) and 181.0802 apply to fraternals, except that the supreme governing body may act as the board of directors if it meets at least quarterly. Section 611.51 (2) to (9) applies to fraternals, except that the word “mutual” shall be read “fraternal” and the references […]
614.53 Removal of directors and officers and filling of vacancies. A director may be removed from office for cause by an affirmative vote of a majority of the full board at a meeting of the board called for that purpose or may be removed under ss. 181.0843 (2) and 181.0844. Any vacancy occurring in the […]
614.54 Supervision of management changes. Section 611.54 applies to fraternals. History: 1975 c. 373.
614.55 Continuity of management in emergencies. Section 611.55 applies to fraternals. History: 1975 c. 373.
614.56 Committees of directors. Section 611.56 applies to fraternals, except that reference therein to other sections of ch. 611 shall be to the corresponding sections of this chapter. History: 1975 c. 373.
614.57 Interlocking directorates and other relationships. Section 611.57 applies to fraternals. History: 1975 c. 373.
614.60 Transactions with affiliates and in which directors and others are interested. Sections 611.60 and 611.61 apply to fraternals except that local lodges are not required to keep detailed records under s. 611.61 (1) (b) if the fraternal does so. History: 1975 c. 373; 1979 c. 102.
614.62 Directors’ liability and indemnification. Section 611.62 applies to fraternals, except that the word “mutual” shall be read “fraternal”. History: 1975 c. 373.
614.63 Executive compensation. Section 611.63 applies to fraternals, except that the word “mutual” shall be read “fraternal”. History: 1975 c. 373.
614.66 Exclusive agency contracts and management contracts. Sections 611.66 and 611.67 apply to fraternals, except that the reference to s. 611.26 (1) contained in s. 611.66 is to that section as incorporated by s. 614.24. History: 1975 c. 373; 1997 a. 252.
