Wis. Stat. § 610.23

Current through Acts 2023-2024, ch. 272

Section 610.23 - Power to hold property in other than own name

An insurer shall hold all investments and deposits of its funds in its own name except that:

(1) CUSTODIAL OR TRUST ARRANGEMENTS. Securities kept under a custodial agreement or trust arrangement with a bank or banking and trust company may be issued in the name of a nominee of the bank or banking and trust company; and

(2) BEARER SECURITIES. Any insurer may acquire and hold securities in bearer form.

Wis. Stat. § 610.23

1975 c. 373.