Wis. Admin. Code Department of Financial Institutions DFI-SB 21.24

Current through October 28, 2024
Section DFI-SB 21.24 - Vote by members
(1) PROCEDURE. The plan of conversion shall be submitted to a meeting of members under s. 214.685(2), Stats., and the provisions of the savings bank's articles of incorporation or bylaws or both.
(2) REQUIRED VOTE. The plan shall be approved by a vote of at least a majority of the total outstanding votes of members.

Wis. Admin. Code Department of Financial Institutions DFI-SB 21.24

CR Register, February, 1994, No. 458, eff. 3-1-94.