Wisconsin Statutes

§ 214.30 — Membership.

Wisconsin § 214.30
JurisdictionWisconsin
Ch. 214Savings banks
Subch.subch. V of ch. 214 SUBCHAPTER V
MEMBERSHIP

This text of Wisconsin § 214.30 (Membership.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wis. Stat. § 214.30 (2026).

Text

214.30 214.30(1) (1) 214.30(1)(a) (a) A holder of a deposit account issued by a mutual savings bank shall be a member of the mutual savings bank. Joint ownership of an account constitutes one membership. 214.30(1)(b) (b) A member has the right to share in the net profit of a mutual savings bank, after payment of creditors, if the savings bank liquidates. This right does not permit a member to claim a share of net profits absent a liquidation and does not permit a member to seek liquidation except in any manner permitted by the mutual savings bank’s articles of incorporation or bylaws. 214.30(2) (2) An owner of stock in a stock savings bank shall be an owner of the stock savings bank. Joint ownership of stock constitutes one ownership.

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Legislative History

214.30 History History: 1991 a. 221 ; 1995 a. 103 .

Nearby Sections

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Bluebook (online)
Wisconsin § 214.30, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/214.30.