34.03 Powers of the division of banking.
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/wi/chapter-34/34-03A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
34.03 Powers of the division of banking. The division of banking may do any of the following:
(1)Make and enforce rules necessary for the implementation of this chapter.
(2)Require any public depository or the trustees of segregated trusts created by banks for the benefit of public depositors to furnish information upon request. Any public depository which refuses or neglects to give any information so requested shall be excluded from the right to receive public deposits. Information obtained under this subsection may not be disclosed by the division of banking unless disclosed as provided in s. 220.06 .
(3)Take such action as the division deems necessary or appropriate for the protection, collection, compromise or settlement of any claim against or in favor of the appropriation under s. 20.144
(a).
(4)Exercise all powers reasonably necessary and proper to the full and complete performance of the division’s functions under this chapter, including but not limited to ordinary powers granted corporations.