Wisconsin § 214.095 - Reorganization as a holding company.
Full text of Wisconsin Wisconsin Statutes § 214.095 — Reorganization as a holding company., with citation guidance and answers to common questions.
§ 214.095. Reorganization as a holding company.
214.095(1) (1) A savings bank may reorganize as a savings bank holding company by doing all of the following: 214.095(1)(a) (a) Organizing one or more subsidiary savings banks, the ownership of which shall be evidenced by stock shares, to be owned by the organizing parent savings bank. 214.095(1)(b) (b) Transferring a substantial portion of its assets and all of its insured deposits and part or all of its other liabilities to one or more subsidiary savings banks. 214.095(1)(c) (c) Preparing articles of incorporation and bylaws for the savings bank holding company. 214.095(2) (2) In order to effect a reorganization under sub. (1) , the board of directors of the original savings bank shall approve a plan providing for the reorganization. The plan shall be submitted for approval by a majority of all votes entitled to be cast by members or stockholders of the savings bank at a meeting held in accordance with the savings bank’s articles of incorporation and bylaws. 214.095(3) (3) The division shall promulgate rules to regulate the formation of and the ongoing business of the subsidiaries and the savings bank holding company, including the rights of members or stockholders, levels of investment in holding company subsidiaries, and stock sales. 214.095 History History: 1991 a. 221 ; 1995 a. 27 , 103 . 214.095 Cross-reference Cross-reference: See also ch. DFI-SB 22 , Wis. adm. code. subch. III of ch. 214 SUBCHAPTER III INTERSTATE ACQUISITION AND MERGER
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 214.095
What does Wisconsin Statutes § 214.095 cover?
Section 214.095 ("Reorganization as a holding company.") 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 § 214.095?
A common citation format is "Wisconsin Statutes § 214.095" (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 § 214.095 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.