214.09 Acquisitions. Subject to rules of the division, a savings bank holding company may acquire control of a savings bank or of a savings bank holding company upon application to and with the prior written approval of the division. The application shall be in a form prescribed by the division. The division shall approve the application if the division determines that the acqui-
May 22, 2026, are designated by NOTES. (Published 5-22-26)
214.09
Updated 23-24 Wis. Stats.
SAVINGS BANKS
sition is consistent with the interest of maintaining a sound financial system and that the proposed acquisition does not afford a basis for supervisory objection. History: 1991 a. 221; 1995 a. 27.