Wis. Admin. Code Department of Financial Institutions DFI-SB 9.01
The following form of articles of incorporation is approved for use by each state chartered mutual savings bank:
ARTICLES OF INCORPORATION OF
(full name of savings bank) a Wisconsin mutual savings bank | |
Article 1. | The name of the savings bank is _________________ |
Article 2. | The purpose of the savings bank is to engage in any lawful activity within the purposes for which a mutual savings bank may be organized and operated under Chapter 214 of the Wisconsin Statutes. |
Article 3. | The capital of the savings bank is unlimited. |
Article 4. | The number of directors shall be fixed by bylaw, but may not be less than five. |
Article 5. | Membership in the savings bank is governed by Chapter 214 of the Wisconsin Statutes. |
Article 6. | The address of the savings bank's home office at the time of adoption of these articles is____________________________ |
Article 7. | The names and addresses of the incorporators are: [for a new savings bank only] |
Wis. Admin. Code Department of Financial Institutions DFI-SB 9.01
This section interprets or implements s. 214.25, Stats.