Wisconsin Statutes
§ 225.07 — Loans.
Wisconsin § 225.07
JurisdictionWisconsin
Ch. 225Business development credit corporations
This text of Wisconsin § 225.07 (Loans.) 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. § 225.07 (2026).
Text
225.07 The corporation shall lend money only when credit is not elsewhere readily available. Before granting any loan, the board of directors or a committee thereof shall endeavor, so far as is reasonably possible, to ascertain that the first opportunity to grant such loan has been given to lending institutions which may desire such loans generally in the course of their business.
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Nearby Sections
9
§ 225.01
Incorporators.§ 225.02
Purposes.§ 225.03
Capital stock.§ 225.04
Directors.§ 225.06
Finance.§ 225.07
Loans.§ 225.08
Application of chapter 180.§ 225.09
Legal investments.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 225.07, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/225.07.