Wisconsin Statutes 613.01 – Definitions
Current as of: 2023 | Check for updates
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In this chapter, unless the context requires otherwise:
Terms Used In Wisconsin Statutes 613.01
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(1) Articles of incorporation. “Articles of incorporation” has the meaning designated under s. 181.0103 (1).
(2) Board of directors. “Board of directors” has the meaning designated for “board” under s. 181.0103 (2).
(3) Bylaws. “Bylaws” has the meaning designated under s. 181.0103 (3).
(4) Director. “Director” includes “trustee”.
(4m) Insurer. In any provision of the statutes made applicable to service insurance corporations by this chapter, “insurer” includes service insurance corporations, and the technical terms used in those statutes shall be applicable to service insurance corporations despite the customary use of other parallel terms by service insurance corporations.
(5) Nonprofit corporation. “Nonprofit corporation” has the meaning designated under s. 181.0103 (17).
(6) Nonstock corporation. “Nonstock corporation” has the meaning designated under s. 181.0103 (18).
(7) Officer. “Officer” does not include “director”.
(8) Department of financial institutions. In any provision of ch. 180 or 181 made applicable to service insurance corporations in this chapter, “department” means commissioner of insurance.