Wisconsin Statutes
§ 214.51 — Sale, assignment, and servicing of loans and contracts.
Wisconsin § 214.51
This text of Wisconsin § 214.51 (Sale, assignment, and servicing of loans and contracts.) 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. § 214.51 (2026).
Text
214.51
214.51(1) (1) A savings bank may sell a loan or a participating interest in a loan with or without recourse. The division may by rule adopt limitations on the sale of loans except loans sold to agencies of the United States or this state or to another government-sponsored agency if approved by the division.
214.51(2) (2) A savings bank may contract to service a loan or a participating interest in a loan, subject to rules of the division.
214.51(3) (3) A savings bank may sell and assign, with or without recourse, any certificate of sale, defaulted loan or defaulted real estate contract to any person eligible to purchase it.
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Legislative History
214.51 History History: 1991 a. 221 ; 1995 a. 27 .
Nearby Sections
15
§ 214.01
Definitions.§ 214.015
Administration.§ 214.02
Applicability.§ 214.025
Insurance of accounts.§ 214.03
Parity.§ 214.035
Use of name.§ 214.04
General corporate powers.§ 214.06
Branch offices.§ 214.07
Authorized activities.§ 214.08
Registration.§ 214.085
Reporting requirements.§ 214.09
Acquisitions.§ 214.095
Reorganization as a holding company.§ 214.15
Definitions.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 214.51, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/214.51.