221.0324 Assets not to be pledged as security.
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/wi/chapter-221/221-0324A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
221.0324 Assets not to be pledged as security.
(1)In general. A bank or bank officer may not give preference to any depositor or creditor by pledging the assets of the bank as collateral security, except to secure deposits where otherwise permitted or required by law for a particular depositor, to secure repurchase agreements entered into by the bank or as otherwise provided under this section.