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Wisconsin · Through 2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)

Wis. Stat. § 645.51: Collection and list of assets.

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Where this section sits in the code
  1. Chs. 600-655, Insurance
  2. Chapter 645 Insurers Rehabilitation And Liquidation
  3. SUBCHAPTER III FORMAL PROCEEDINGS

(1) List of assets required. As soon as practicable after the liquidation order, the liquidator shall prepare in duplicate a list of the insurer’s assets. The list shall be amended or supplemented as the court requires. One copy shall be filed in the office of the clerk of the court having jurisdiction over the liquidation proceedings and one copy shall be retained for the liquidator’s files. All amendments and supplements shall be similarly filed.

(2) Liquidation of assets. The liquidator shall reduce the assets to a degree of liquidity that is consistent with the effective execution of the liquidation as rapidly and economically as he or she can.

Collected 2026-09-05T12:01:32Z. Source file · JSON

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