Wisconsin § 214.03 - Parity.
Full text of Wisconsin Wisconsin Statutes § 214.03 — Parity., with citation guidance and answers to common questions.
§ 214.03. Parity.
214.03(1) (1) Subject to the regulation of the division and in addition to the powers granted by this chapter, a savings bank may, directly or through a subsidiary, undertake any activity, exercise any power or offer any financially related product or service in this state that any other provider of financial products or services may undertake, exercise or provide or that the division finds to be financially related. 214.03(2) (2) The activities, powers, products and services that may be undertaken, exercised or offered by a savings bank under sub. (1) are limited to those specified by rule of the division. The division may direct a savings bank to cease any activity, the exercise of any power or the offering of any product or service authorized by rule under this subsection. Among the factors that the division may consider in so directing a savings bank are the savings bank’s net worth, assets, management rating, liquidity ratio and ratio of net worth to assets. 214.03(3) (3) This section does not authorize a savings bank, directly or through a subsidiary, to engage in the business of underwriting insurance. 214.03 History History: 1991 a. 221 ; 1995 a. 27 . 214.03 Cross-reference Cross-reference: See also chs. DFI-SB 16 and 17 , Wis. adm. code.
Frequently Asked Questions About Wisconsin § 214.03
What does Wisconsin Statutes § 214.03 cover?
Section 214.03 ("Parity.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 214.03?
A common citation format is "Wisconsin Statutes § 214.03" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 214.03 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.