{"data":{"id":"us-wi/wis.-stat.-221.0701","jurisdiction":"us-wi","citation":"Wis. Stat. § 221.0701","heading":"Interest exchange.","body":"A bank or other corporation may acquire all of the outstanding shares of one or more classes or series of a bank organized under this chapter, with the approval of the division, if the board of directors of the bank, by resolution adopted by the board, approves a plan of interest exchange and its shareholders also approve a plan of interest exchange. This section does not limit the power of a corporation or bank to acquire all or part of the shares of one or more classes or series of a bank through a voluntary exchange or otherwise. Application for approval of an interest exchange shall be made to the division on a form prescribed by the division. The application shall be accompanied by a fee established by the division.","path":["Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations","Chapter 221 State Banks","SUBCHAPTER VII SHARE EXCHANGE, MERGER ANDCONSOLIDATION"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/221.0701","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":"8c64ef240ce98930e95eb37da2848b283d12fa7cd714e23fc7e059a7ee35df0e","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-221.0637","next":"us-wi/wis.-stat.-221.0702"},"notice":"GroundRules: Original legal text. Not legal advice."}