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Wisconsin · Through 2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)

Wis. Stat. § 222.0207: Voluntary termination of certification.

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Where this section sits in the code
  1. Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations
  2. Chapter 222 Universal Banks
  3. SUBCHAPTER II CERTIFICATION

A financial institution that is certified as a universal bank under this chapter may elect to terminate its certification by giving 60 days’ prior written notice of the termination to the division. A termination under this section is effective only with the written approval of the division. A financial institution shall, as a precondition to termination under this section, terminate its exercise of all powers granted under this chapter before the termination of the certification. The division’s written approval of a financial institution’s termination under this section is void if the financial institution fails to satisfy the precondition to termination under this section.

Collected 2026-09-05T12:01:08Z. Source file · JSON

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