{"data":{"id":"us-wi/wis.-stat.-611.15","jurisdiction":"us-wi","citation":"Wis. Stat. § 611.15","heading":"Deposit of proceeds of subscriptions.","body":"All funds, and the securities and documents representing interests in property, received by a stock corporation for stock subscriptions or by a mutual for applications for insurance policies or for mutual bond or contribution note subscriptions shall be deposited in the name of the corporation with a depository approved by the commissioner, subject to an escrow agreement approved by the commissioner under which withdrawals may be made only with the commissioner’s approval.","path":["Chs. 600-655, Insurance","Chapter 611 Domestic Stock And Mutual Insurance Corporations","SUBCHAPTER II ORGANIZATION OF CORPORATIONS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/611.15","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:30Z","sha256":"ba0e4d818869670177794b2ca1c5502c63e2804235891c7b2be3195028944f97","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-611.14","next":"us-wi/wis.-stat.-611.16"},"notice":"GroundRules: Original legal text. Not legal advice."}