Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 214. Savings Banks |
SubChapter VI. CAPITAL |
Section 214.41. Capital stock; nature.
Latest version.
- Capital stock shall constitute a secondary reserve out of which losses shall be paid after all other available reserves have been exhausted. The shares shall be nonwithdrawable, except as provided in s. 214.42 , until all liabilities of the savings bank have been satisfied in full, including payment of the withdrawal value of all deposit accounts.