Wisconsin § 221.0622 Resignation and removal of officers.

Wisconsin Statutes

§ 221.0622 — Resignation and removal of officers.

Wisconsin § 221.0622

Ch. 221State banks

Subch.subch. VI of ch. 221 SUBCHAPTER VI

DIRECTORS, OFFICERS AND EMPLOYEES

This text of Wisconsin § 221.0622 (Resignation and removal of officers.) 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. § 221.0622 (2026).

Text

0622
0622(1) (1) Resignation. An officer may resign at any time by delivering to the bank notice that complies with s. 221.0103 . The resignation is effective when the notice is delivered, unless the notice specifies a later effective date and the bank accepts the later effective date. If a resignation is effective at a later date, the bank’s board of directors may fill the pending vacancy before the effective date, if the board of directors provides that the successor may not take office until the effective date.
0622(2) (2) Removal. The board of directors may remove an officer and, unless restricted by the bylaws or by the board of directors, an officer may remove an officer or assistant officer appointed by that officer under s. 221.0620 (2) , at any time, with or without ca

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221.0622
221.0622(1) (1) Resignation. An officer may resign at any time by delivering to the bank notice that complies with s. 221.0103 . The resignation is effective when the notice is delivered, unless the notice specifies a later effective date and the bank accepts the later effective date. If a resignation is effective at a later date, the bank’s board of directors may fill the pending vacancy before the effective date, if the board of directors provides that the successor may not take office until the effective date.
221.0622(2) (2) Removal. The board of directors may remove an officer and, unless restricted by the bylaws or by the board of directors, an officer may remove an officer or assistant officer appointed by that officer under s. 221.0620 (2) , at any time, with or without cause and notwithstanding the contract rights, if any, of the officer removed.