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Wisconsin Statutes (Last Updated: January 10, 2017) |
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Chapter 214. Savings Banks |
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SubChapter II. HOLDING COMPANIES |
Section 214.09. Acquisitions.
Latest version.
- Subject to rules of the division, a savings bank holding company may acquire control of a savings bank or of a savings bank holding company upon application to and with the prior written approval of the division. The application shall be in a form prescribed by the division. The division shall approve the application if the division determines that the acquisition is consistent with the interest of maintaining a sound financial system and that the proposed acquisition does not afford a basis for supervisory objection.