Sec. 881.051. AUTHORITY TO ACT AS STATEWIDE MUTUAL ASSESSMENT COMPANY. A corporation may engage in business as a statewide mutual assessment company only if the corporation: (1) was incorporated in this state under a law that was amended, repealed, or reenacted before June 20, 1933; (2) was engaged in business as a statewide mutual assessment company in this state on December 31, 1932; (3) does not have capital stock; and (4) is not for profit.
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