The following form of articles of incorporation is approved for use by each stock association:
ARTICLES OF INCORPORATION
OF THE
a Wisconsin capital stock 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 for which a capital stock savings and loan association may be organized and operated under Chapter 215 of the Wisconsin Statutes and act amending or supplementing that chapter.
Article 3. The association is authorized to issue shares of common stock having a par value of $ per share.
Article 4. Holders of the capital stock of the association are not entitled to any preemptive right with respect to any shares of the association which may be issued.
Article 5. The number of directors shall be fixed by bylaw, but may not be less than five.
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 9.02
This section interprets or implements s. 215.61(1), Stats.