Section 214.515. Purchase of real estate at forced sale.  


Latest version.
  • A savings bank may purchase at any sheriff's or other judicial sale any real estate upon which the savings bank has any mortgage, lien or other encumbrance, or in which the savings bank has any other interest. The savings bank may repair, insure, improve, sell, lease, preserve, mortgage or dispose of that real estate.
1991 a. 221 . Cross-reference: See also ch. DFI-SB 11 , Wis. adm. code.