Wis. Stat. § 214.645: Sale of assets.
Where this section sits in the code
- Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations
- Chapter 214 Savings Banks
- SUBCHAPTER IX VOLUNTARY CORPORATE CHANGES
Subject to rules of the division, a savings bank may, in a transaction not in the usual course of business, sell all or substantially all of its assets, with or without its name and goodwill, to another financial institution, in consideration of money, capital or obligations of the purchasing institution. A savings bank may sell an office or facility and equipment subject to rules of the division.
Collected 2026-09-05T12:01:07Z. Source file · JSON