214.63 Merger; certificate. The executed merger agreement, together, in the case of a stock financial institution, with a certified copy of the minutes of the meeting of stockholders of each merging stock financial institution approving the merger agreement, shall be filed with the division. The division shall issue to the resulting savings bank a certificate of merger, setting forth the name of each merging financial institution, the name of the resulting savings bank and the date on which the division approves the articles of incorporation and bylaws of the resulting savings bank. The merger takes effect on the date of the recording of the certificate or a later date if the certificate provides for a different date. Recording shall be completed in the same manner as required for savings bank articles of incorporation, in each county in which the home office of any of the merging financial institutions was located and in the county in which the home office of the resulting savings bank is located. The certificate shall be conclusive evidence of the merger and of the correctness of the merger proceedings except against this state.
History: 1991 a. 221; 1995 a. 27, 103.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
214.025 - Insurance of accounts.
214.04 - General corporate powers.
214.045 - Status as internal revenue service qualified thrift lender.
214.07 - Authorized activities.
214.085 - Reporting requirements.
214.095 - Reorganization as a holding company.
214.155 - In-state institutions.
214.16 - In-state holding companies.
214.165 - Regional institutions and regional holding companies.
214.175 - Condition on acquisition.
214.18 - Standards for disapproval.
214.19 - Branching not limited.
214.195 - Subchapter severability.
214.24 - Application for permission to organize.
214.245 - Content of application to organize.
214.25 - Articles of incorporation.
214.265 - Temporary organization and capital subscriptions.
214.27 - Completion of organization.
214.305 - Annual and special meetings.
214.315 - Quorum for annual or special meetings.
214.325 - Record date for voting and other purposes.
214.34 - Bonds of officers and directors.
214.345 - Conduct of directors and officers.
214.37 - Access to books and records; communication with members and stockholders.
214.405 - Evidence of capital.
214.41 - Capital stock; nature.
214.42 - Retirement or reduction of capital stock.
214.44 - Loans or discounts on capital stock.
214.485 - Investment in loans.
214.495 - Lien priority; advances.
214.50 - General loan contract provisions.
214.502 - Nonconforming loans.
214.505 - Modification agreements.
214.507 - Customer access to credit reports.
214.51 - Sale, assignment, and servicing of loans and contracts.
214.515 - Purchase of real estate at forced sale.
214.52 - Purchase of real estate for office and rental purposes.
214.53 - Effect of unauthorized investments.
214.54 - Loans to one borrower.
214.575 - Deposit accounts subject to liens.
214.585 - Holders of deposit accounts.
214.59 - Prohibited activities.
214.592 - Financially related services tie-ins.
214.595 - Savings promotion prize programs.
214.62 - Merger; adoption of plan.
214.625 - Merger; stockholder vote of approval.
214.65 - Procedure to effect sale of all assets.
214.655 - Authority to form interim institution.
214.66 - Conversion of an existing institution to a savings bank.
214.67 - Emergency sale of assets.
214.675 - Acquisition of control.
214.68 - Jurisdictional conversion.
214.685 - Organizational conversion of mutual savings bank to stock savings bank.
214.715 - Powers of the division.
214.72 - Prohibited business relationships.
214.74 - Orders of the division.
214.745 - Division's notice to members or stockholders.
214.75 - Record keeping and retention.
214.755 - Disclosure of examination reports and other records.
214.76 - Annual audit requirement.
214.765 - Unsafe and unsound practices; orders of prohibition and removal.
214.772 - Foreign savings banks.
214.775 - Procedure upon the impairment of capital.
214.785 - Review of acts, orders or determinations.
214.82 - Division's authority to take custody and appoint a conservator or a receiver.
214.825 - Purposes of taking custody.
214.83 - Division's powers during custody.
214.835 - Custody of savings banks.
214.84 - Notice of custody; action to enjoin.
214.845 - Segregation of collections during custody.
214.85 - Redelivery of possession.
214.855 - Limitations upon custody.
214.90 - Action to correct conditions.
214.905 - Books and records corrective orders.
214.91 - Removal and prohibition authority.
214.915 - Participation prohibition.
214.92 - Effect of termination or resignation.
214.925 - Unauthorized participation by convicted individual.