Wis. Stat. § 214.645

Current through Acts 2023-2024, ch. 272
Section 214.645 - Sale of assets

Subject to rules of the division, a savings bank may, in a transaction not in the usual course of business, sell all or substantially all of its assets, with or without its name and goodwill, to another financial institution, in consideration of money, capital or obligations of the purchasing institution. A savings bank may sell an office or facility and equipment subject to rules of the division.

Wis. Stat. § 214.645

1991 a. 221; 1995 a. 27.