Wis. Stat. § 221.0219

Current through Acts 2023-2024, ch. 272

Section 221.0219 - Conversion of a credit union to a state bank

A credit union under ch. 186 may become a state bank under this chapter by doing all of the following:

(1) Applying to the division of banking for authority to organize as a bank under this chapter and satisfying all requirements under this chapter for organizing as a bank.

(2) Satisfying all requirements under s. 186.314(2m) for conversion to a state bank.

(3) Recording the bank's articles of incorporation in the county in which its home office is located.

Wis. Stat. § 221.0219

2011 a. 32.