The following form of articles of incorporation is approved for use by each state chartered mutual association:
ARTICLES OF INCORPORATION
OF THE
,
(full name of association)
a Wisconsin mutual savings and loan association
Article 1. The name of the association is.
Article 2. The purpose of the association is to engage in any lawful activity within the purposes for which a mutual savings and loan association may be organized and operated under Chapter 215 of the Wisconsin Statutes and acts amending or supplementing that chapter.
Article 3. The capital of the association 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 association is governed by Chapter 215 of the Wisconsin Statutes, and acts amending or supplementing that chapter.
Article 6. The address of the association's home office at the time of adoption of these articles is.
Article 7. The names and addresses of the incorporators are: for new associations only]
Wis. Admin. Code Department of Financial Institutions DFI-SL 9.01
This section interprets or implements s. 215.41(1), Stats.