214.41 Capital stock; nature.
60 words·~1 min read·
/wi/chapter-214/214-41A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
214.41 Capital stock; nature. Capital stock shall constitute a secondary reserve out of which losses shall be paid after all other available reserves have been exhausted. The shares shall be nonwithdrawable, except as provided in s. 214.42 , until all liabilities of the savings bank have been satisfied in full, including payment of the withdrawal value of all deposit accounts.