186.41 Interstate acquisitions and mergers of credit unions.
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/wi/chapter-186/186-41A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
186.41 Interstate acquisitions and mergers of credit unions.
(1)Definitions. In this section:
(am)“Out-of-state credit union” means a state or federal credit union, the principal office of which is located in a state other than this state.
(bm)“Wisconsin credit union” means a credit union having its principal office located in this state.
(2)Wisconsin credit union.
(a)A Wisconsin credit union may do any of the following:
1. Acquire an interest in, or some or all of the assets and liabilities of, one or more out-of-state credit unions.
2. Merge with one or more out-of-state credit unions.