Wisconsin Statutes 618.14 – Admission of nondomestic fraternals
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Terms Used In Wisconsin Statutes 618.14
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- Service of process: The service of writs or summonses to the appropriate party.
- State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
(1) Application. A nondomestic fraternal may apply for authorization to transact business in this state, by filing with the commissioner:
(a) A certified copy of its articles and bylaws;
(b) A power of attorney to the commissioner to receive service of process and other papers;
(c) A certificate from the proper official in its home jurisdiction that the fraternal is authorized to transact business therein;
(d) Each of its forms of contracts;
(e) A statement of its business in the form required by the commissioner, showing that the business of the fraternal substantially complies with all the provisions of law relating to like domestic fraternals; and
(f) Such other information as the commissioner may deem necessary.
(2) Examination. The commissioner shall examine the applicant fraternal.
(3) Certificate of authority. The commissioner shall grant a certificate of authority to do business in this state if the fraternal’s condition and practices protect the interests of potential insureds, creditors and the public.