Section DFI-SB 22.13 - Procedural requirements for proxies(1) SOLICITATION OF PROXIES. Solicitations of proxies by any person in connection with any membership vote required under this chapter shall be accompanied by proxy materials in a form appropriate, and containing the information relevant to the action that members are being asked to approve.(2) USE OF EXISTING PROXIES. Whenever a mutual savings bank or mutual holding company is required by this chapter to obtain membership approval for a transaction, the savings bank or mutual holding company may use any existing proxy conferring general authority to vote on any and all matters at any meeting of members if the member granting the proxy has been furnished a proxy statement regarding the proposed transaction and the member does not revoke the proxy prior to the vote at the meeting at which the transaction will be considered.Wis. Admin. Code Department of Financial Institutions DFI-SB 22.13
CR Register, February, 1994, No. 458, eff. 3-1-94.