Used for: A security used by and representing an interest in, or a debt of, or insured or guaranteed by, an insurer authorized to do business in Wisconsin
Filing requirement: Self-executing. No filing or Consent to Service of Process is necessary to claim this exemption.
History: Predecessor statute Wis. Stat. s. 551.22(16) adopted on January 1, 1970. There was no parallel section in the Uniform Securities Act of 1956. Repealed and recreated effective January 1, 2009, incident to adoption of Uniform Securities Act of 2002.
Phone: (608) 266-2139