Unauthorized participation by convicted individual

214.925 Unauthorized participation by convicted individual. (1) Except with the prior written consent of the division, a person who has been convicted of a criminal offense involving dishonesty or a breach of trust may not participate, directly or indirectly, in any manner in the conduct of the affairs of a savings bank. (2) The directors or officers of a savings bank may not permit a person described in sub. (1) to participate in the conduct of the affairs of the savings bank. History: 1991 a. 221; 1995 a. 27.