{"data":{"id":"us-wi/wis.-stat.-344.16","jurisdiction":"us-wi","citation":"Wis. Stat. § 344.16","heading":"Requirements as to self-insurers.","body":"(1) Any person in whose name more than 25 motor vehicles are registered may qualify as a self-insurer by obtaining a certificate of self-insurance issued by the secretary as provided in sub. (2).\n(2) The secretary may, upon the application of such a person, issue a certificate of self-insurance when satisfied that such person is possessed and will continue to be possessed of ability to pay judgments obtained against such person.\n(3) Upon not less than 5 days’ notice and a hearing pursuant to such notice, the secretary may upon reasonable grounds cancel a certificate of self-insurance. Failure to pay any judgment within 30 days after such judgment has become final constitutes a reasonable ground for cancellation of a certificate of self-insurance.","path":["Chs. 340-351, Vehicles","Chapter 344 Vehicles — Financial Responsibility","SUBCHAPTER II SECURITY FOR PAST ACCIDENTS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/344.16","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:19Z","sha256":"8c84ba8f58b9c84b22e2f25a625fc4430dc9a19d6baa6b6cdbee451978a04959","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-344.15","next":"us-wi/wis.-stat.-344.17"},"notice":"GroundRules: Original legal text. Not legal advice."}
