Wisconsin § 215.19 Loans on savings accounts.

Wisconsin Statutes

§ 215.19 — Loans on savings accounts.

Wisconsin § 215.19

Ch. 215Savings and loan associations

Subch.subch. I of ch. 215 SUBCHAPTER I

GENERAL PROVISIONS ON SAVINGS AND LOAN ASSOCIATIONS

This text of Wisconsin § 215.19 (Loans on savings accounts.) 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. § 215.19 (2026).

Text

19
19(1) (1) An association may make loans on the security of its savings accounts.
19(2) (2) In no event shall a savings account loan exceed the withdrawal value of the savings account pledged as security therefor.
19(3) (3) Each savings account loan shall be evidenced by a savings account loan note and a pledge of the savings account books or savings account certificates securing said loan.
19(5) (5) Any corporation, owning savings accounts in an association, and whose officers, directors or employees are officers, directors or employees of said association, may obtain a savings account loan on the security of said saving accounts.

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215.19
215.19(1) (1) An association may make loans on the security of its savings accounts.
215.19(2) (2) In no event shall a savings account loan exceed the withdrawal value of the savings account pledged as security therefor.
215.19(3) (3) Each savings account loan shall be evidenced by a savings account loan note and a pledge of the savings account books or savings account certificates securing said loan.
215.19(5) (5) Any corporation, owning savings accounts in an association, and whose officers, directors or employees are officers, directors or employees of said association, may obtain a savings account loan on the security of said saving accounts.