Wisconsin § 221.0322 Additional banking authority.

Wisconsin Statutes

§ 221.0322 — Additional banking authority.

Wisconsin § 221.0322

Ch. 221State banks

Subch.subch. III of ch. 221 SUBCHAPTER III

PURPOSES AND POWERS

This text of Wisconsin § 221.0322 (Additional banking authority.) 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. § 221.0322 (2026).

Text

221.0322 221.0322(1) (1) Other permitted activities or powers. Subject to any regulatory approval required by law and subject to sub.

(2)and s. 221.0315 (2) , a bank, directly or through a subsidiary of the bank, may undertake any activity, exercise any power or offer any financially related product or service in this state that any other provider of financial products or services may undertake, exercise or provide or that the division finds to be financially related. 221.0322(2) (2) Division rules. The activities, powers, products and services that may be undertaken, exercised or offered by banks under sub.

(1)are limited to those specified by rule of the division and, with respect to loans under s. 221.0321 (1) and investments under s. 221.0321 (2) , are subject to the limitations set

Free access — add to your briefcase to read the full text and ask questions with AI

221.0322
221.0322(1) (1) Other permitted activities or powers. Subject to any regulatory approval required by law and subject to sub. (2) and s. 221.0315 (2) , a bank, directly or through a subsidiary of the bank, may undertake any activity, exercise any power or offer any financially related product or service in this state that any other provider of financial products or services may undertake, exercise or provide or that the division finds to be financially related.
221.0322(2) (2) Division rules. The activities, powers, products and services that may be undertaken, exercised or offered by banks under sub. (1) are limited to those specified by rule of the division and, with respect to loans under s. 221.0321 (1) and investments under s. 221.0321 (2) , are subject to the limitations set forth in s. 221.0321 . The division may direct any bank to cease any activity, the exercise of any power or the offering of any product or service authorized by rule under this subsection. Among the factors that the division may consider in so directing a bank are the bank’s capital, assets, management and liquidity ratio, and capital ratio.