Wis. Admin. Code Department of Financial Institutions DFI-SL 9.03
The following is an optional approved provision for articles of incorporation of capital stock associations:
Article 8. Pursuant to the requirements of federal regulations, the association shall establish and maintain a liquidation account for the benefit of its savings account holders as of ("eligible savers"). In the event of a complete liquidation of the association, it shall comply with such regulations with respect to the amount and the priorities on liquidation of each of the association's eligible saver's inchoate interest in the liquidation account, to the extent it is still in existence, provided that an eligible saver's inchoate interest in the liquidation account shall not entitle such eligible saver to any voting rights at meetings of the association's stockholders.
Wis. Admin. Code Department of Financial Institutions DFI-SL 9.03
This section interprets or implements s. 215.61 (1), Stats.