Wisconsin Statutes 214.025 – Insurance of accounts
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Wisconsin Statutes 214.025
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A savings bank shall secure insurance of its deposit accounts by a deposit insurance corporation before commencing business and may, subject to rules of the division, obtain insurance of deposits in excess of the amount eligible for insurance by a deposit insurance corporation.