Wisconsin § 214.20 - Divestiture.
Full text of Wisconsin Wisconsin Statutes § 214.20 — Divestiture., with citation guidance and answers to common questions.
§ 214.20. Divestiture.
A savings bank holding company that ceases to be an in-state savings bank holding company or regional holding company shall immediately notify the division of the change in its status and shall, as soon as practical and no later than 2 years after the event causing it to no longer be one of these entities, divest itself of control of all in-state savings banks and in-state savings bank holding companies. A savings bank holding company that fails to immediately notify the division shall be subject to a forfeiture of $500 per day, beginning on the day its status changes and ending on the day the division receives notification. 214.20 History History: 1991 a. 221 ; 1995 a. 27 . subch. IV of ch. 214 SUBCHAPTER IV INCORPORATION AND ORGANIZATION
Frequently Asked Questions About Wisconsin § 214.20
What does Wisconsin Statutes § 214.20 cover?
Section 214.20 ("Divestiture.") 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 § 214.20?
A common citation format is "Wisconsin Statutes § 214.20" (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 § 214.20 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.