{"data":{"id":"us-wi/wis.-stat.-221.0506","jurisdiction":"us-wi","citation":"Wis. Stat. § 221.0506","heading":"Fractional shares.","body":"(1) Issuance and disposition. A bank may do any of the following:\n(a) Issue fractions of a share or pay in money the value of fractions of a share.\n(b) Arrange for disposition of fractional shares by the shareholders.\n(2) Rights of holders of fractional shares. The holder of a fractional share may exercise the rights of a shareholder, including the right to vote, to receive dividends and to participate in the assets of the bank upon liquidation.","path":["Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations","Chapter 221 State Banks","SUBCHAPTER V SHARES AND SHAREHOLDERS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/221.0506","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:08Z","sha256":"1dfef0881aeb4148a6c289fdbdc1225a28a91ff1127f24f991c84ed30634c943","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-221.0505","next":"us-wi/wis.-stat.-221.0507"},"notice":"GroundRules: Original legal text. Not legal advice."}