GroundRules
Wis. Stat. § 214.502: Nonconforming loans.
Where this section sits in the code
- Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations
- Chapter 214 Savings Banks
- SUBCHAPTER VII INVESTMENTS
Notwithstanding s. 214.48 (3), a savings bank may make loans secured by real property used primarily for residential or farming purposes, even if those loans do not comply with one or more of the requirements under those provisions, if the total amount of loans made under this section does not exceed 5 percent of the savings bank’s total assets.
Collected 2026-09-05T12:01:07Z. Source file · JSON