{"data":{"id":"us-wi/wis.-stat.-214.30","jurisdiction":"us-wi","citation":"Wis. Stat. § 214.30","heading":"Membership.","body":"(1)\n(a) A holder of a deposit account issued by a mutual savings bank shall be a member of the mutual savings bank. Joint ownership of an account constitutes one membership.\n(b) A member has the right to share in the net profit of a mutual savings bank, after payment of creditors, if the savings bank liquidates. This right does not permit a member to claim a share of net profits absent a liquidation and does not permit a member to seek liquidation except in any manner permitted by the mutual savings bank’s articles of incorporation or bylaws.\n(2) An owner of stock in a stock savings bank shall be an owner of the stock savings bank. Joint ownership of stock constitutes one ownership.","path":["Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations","Chapter 214 Savings Banks","SUBCHAPTER V MEMBERSHIP"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/214.30","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:07Z","sha256":"ff80f8eca8f022e88b64dad6d1457516bde0c44f4275df244e7ebbdecea2d2b1","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-214.275","next":"us-wi/wis.-stat.-214.305"},"notice":"GroundRules: Original legal text. Not legal advice."}
