Wisconsin Statutes 214.32 – Voting
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Terms Used In Wisconsin Statutes 214.32
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
- Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
- State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
(1) A member or stockholder may vote at a meeting in person or by proxy.
(2) To determine who is entitled to vote and the number of outstanding shares, the following rules apply:
(a) The date of determination shall be the record date for voting under s. 214.325.
(b) A person holding one or more deposit accounts in a mutual savings bank shall have one vote for each $100 of the aggregate withdrawal value of the deposit accounts and one vote for any fraction of $100.
(c) A stockholder shall have one vote for each share held.
(d) Stock owned by the savings bank may not be counted or voted.
(e) A stock savings bank shall state in its articles of incorporation that voting rights shall be vested exclusively in stockholders.