Wis. Admin. Code Department of Financial Institutions DFI-SL 21.01

Current through November 25, 2024
Section DFI-SL 21.01 - Definitions

In this chapter:

(1) "Affiliate" has the meaning set forth in s. 221.0901, Stats.
(2) "Company" has the meaning set forth in s. 221.0901, Stats.
(3) "Control" has the meaning set forth in s. 221.0901, Stats.
(4) "Division" means the division of banking.
(5) "Financial institution" means a state savings and loan chartered under ch. 215, Stats.
(6) "Financial subsidiary" means any company that is controlled by one or more insured depository institutions other than a subsidiary that a financial institution is authorized to control under other applicable law, or a subsidiary that engages solely in activities that a financial institution is permitted to engage in directly and are conducted subject to the same terms and conditions that govern the conduct of such activities by the financial institution.
(7) "Insured depository institution" has the meaning set forth in 12 USC 1813(c)(2).
(8) "Subsidiary" has the meaning set forth in s. 221.0901, Stats.
(9) "Well capitalized" has the meaning set forth in 12 USC 1831o(b)(1)(A).

Wis. Admin. Code Department of Financial Institutions DFI-SL 21.01

CR Register, October, 2000, No. 538, eff. 11-1-00.
Amended by, correction in (4) made under s. 13.92(4) (b) 6, Stats., Register March 2020 No. 771, eff. 4/1/2020