215.57 Jurisdictional conversion of mutual associations.
81 words·~1 min read·
/wi/chapter-215/215-57-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
215.57 Jurisdictional conversion of mutual associations.
(1)Procedure to effect conversion. A state-chartered mutual association may convert itself into a federal association, and any federal mutual association may convert itself into a state-chartered association, as follows:
(a)A meeting of the members shall be held upon not less than 10 days’ written notice to each member, served either personally or by mail, directed to the member at the member’s last-known post-office address, stating the time, place and purpose of such meeting.