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Code · Wisconsin · Chapter 223 — Trust company banks and other fiduciaries

223.06 Loans to officers.

50 words·~1 min read·/wi/chapter-223/223-06-9

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

223.06 Loans to officers. A trust company bank may not loan its funds, trust or otherwise, to any salaried officer or employee, nor shall any officer or employee become, in any manner, indebted to the bank by means of an overdraft, promissory note, account, endorsement, guaranty or any other contract.
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