Wisconsin § 215.135 - Additional authority.
Full text of Wisconsin Wisconsin Statutes § 215.135 — Additional authority., with citation guidance and answers to common questions.
§ 215.135. Additional authority.
215.135(1) (1) Subject to any regulatory approval required by law and subject to sub. (2) , a savings and loan association, directly or through a subsidiary, may 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. 215.135(2) (2) The activities, powers, products and services that may be undertaken, exercised or offered by savings and loan associations under sub. (1) are limited to those specified by rule of the division. The division may direct any savings and loan association 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 and loan association are the savings and loan association’s net worth, assets, management rating and liquidity ratio and its ratio of net worth to assets. 215.135(3) (3) This section does not authorize a savings and loan association, directly or through a subsidiary, to engage in the business of underwriting insurance. 215.135 History History: 1985 a. 325 ; 1995 a. 27 . 215.135 Cross-reference Cross-reference: See also DFI-SL , Wis. adm. code.
Frequently Asked Questions About Wisconsin § 215.135
What does Wisconsin Statutes § 215.135 cover?
Section 215.135 ("Additional authority.") 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 § 215.135?
A common citation format is "Wisconsin Statutes § 215.135" (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 § 215.135 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.