Wisconsin § 215.18 - Closing of savings accounts.
Full text of Wisconsin Wisconsin Statutes § 215.18 — Closing of savings accounts., with citation guidance and answers to common questions.
§ 215.18. Closing of savings accounts.
215.18(1) (1) Except as provided in sub. (3) , an association may close a savings account by delivering notice of the closing to the saver or mailing notice to the last-known address of the saver. 215.18(2) (2) On the date the notice required under sub. (1) is delivered or mailed, all rights of the saver in the savings account terminate except the right to receive the withdrawal value of the account calculated as of the date of delivery or mailing of the notice. A saver remains a member until the withdrawal value of the savings account is paid. 215.18(3) (3) An association may agree in writing not to close a savings account. The division may promulgate rules restricting the authority of an association to close savings accounts. 215.18 History History: 1975 c. 359 ; 1983 a. 167 ; 1995 a. 27 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 215.18
What does Wisconsin Statutes § 215.18 cover?
Section 215.18 ("Closing of savings accounts.") 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 § 215.18?
A common citation format is "Wisconsin Statutes § 215.18" (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 § 215.18 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.