{"data":{"id":"us-wi/wis.-stat.-644.03","jurisdiction":"us-wi","citation":"Wis. Stat. § 644.03","heading":"Scope and purposes.","body":"(1) Scope. This chapter applies to all mutual insurance holding companies organized under the laws of this state.\n(2) Purposes.\n(a) The purposes of this chapter are to provide complete, self-contained procedures for the formation of mutual insurance holding companies. Subject to par. (b), a corporation organized as a mutual insurance holding company under this chapter may be organized for any lawful purpose and shall hold directly or indirectly as a subsidiary at least one stock insurance company converted from a mutual insurance company or from a service insurance corporation that converted to a mutual insurance company. A mutual holding company is not an insurer.\n(b) A corporation organized as a mutual insurance holding company under this chapter may engage, directly or indirectly, in a business that is subject to regulation under another statute of this state only if not prohibited by, and subject to all limitations of, the other statute.","path":["Chs. 600-655, Insurance","Chapter 644 Domestic Mutual Insurance Holding Companies","SUBCHAPTER I GENERAL PROVISIONS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/644.03","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:32Z","sha256":"5b7defba627da9aec406a5b126990545a82fe8857d135e092da6e92388225526","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-644.02","next":"us-wi/wis.-stat.-644.04"},"notice":"GroundRules: Original legal text. Not legal advice."}