Voting

214.32 Voting. (1) A member or stockholder may vote at a meeting in person or by proxy. (2) To determine who is entitled to vote and the number of outstanding shares, the following rules apply: (a) The date of determination shall be the record date for voting under s. 214.325. (b) A person holding one or more deposit accounts in a mutual savings bank shall have one vote for each $100 of the aggregate withdrawal value of the deposit accounts and one vote for any fraction of $100. (c) A stockholder shall have one vote for each share held. (d) Stock owned by the savings bank may not be counted or voted. (e) A stock savings bank shall state in its articles of incorporation that voting rights shall be vested exclusively in stockholders. History: 1991 a. 221.