Wisconsin § 224.90 - Definitions.
Full text of Wisconsin Wisconsin Statutes § 224.90 — Definitions., with citation guidance and answers to common questions.
§ 224.90. Definitions.
In this subchapter: 224.90(1) (1) “Division” means the division of banking. 224.90(2) (2) “In control” means any of the following: 224.90(2)(a) (a) Owning 10 percent or more of the outstanding voting stock of a nondepository lender. 224.90(2)(b) (b) Possessing, directly or indirectly, alone or in concert with others, the power to control or vote 10 percent or more of the outstanding voting stock of a nondepository lender or to elect or control the election of a majority of the board of directors of a nondepository lender. 224.90(3) (3) “Licensee” means a lender licensed under this subchapter. 224.90(4) (4) “Nondepository lender” means a commercial small business lender that participates in the loan guarantee program of the U.S. small business administration described in 13 CFR 120.2 (a) and that provides financial assistance to small businesses that qualify for financial assistance pursuant to 15 USC 636 (a). “Nondepository lender” does not include a bank, credit union, savings and loan association or savings bank. 224.90 History History: 1999 a. 9 .
Frequently Asked Questions About Wisconsin § 224.90
What does Wisconsin Statutes § 224.90 cover?
Section 224.90 ("Definitions.") 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 § 224.90?
A common citation format is "Wisconsin Statutes § 224.90" (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 § 224.90 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.