215.13 Powers of savings and loan associations.
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/wi/chapter-215/215-13A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
215.13 Powers of savings and loan associations. Savings and loan associations may:
(1)Savings accounts. Accept payments on savings accounts in accordance with s. 215.14 .
(2)Evidence of savings account ownership. Issue evidence of ownership to savers, in accordance with s. 215.15 .
(3)Declaration and distribution of earnings on savings accounts. Declare and distribute earnings to savers, in accordance with s. 215.16 .
(4)Withdrawals of savings accounts. Pay withdrawal requests of savings accounts, in part or in full, in accordance with s. 215.17 .
(5)Close savings accounts. Close savings accounts, in part or in full, in accordance with s. 215.18 .
(6)Loans on savings accounts. Make loans to savers on the security of savings accounts owned by them, in accordance with s. 215.19 .