Definitions.

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613.01 Definitions. In this chapter, unless the context requires otherwise:

(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.

History: 1975 c. 223; 1979 c. 102; 1983 a. 189 ss. 295, 296, 329 (22); 1995 a. 27; 1997 a. 79.


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