220.082 Closed insured banks; subrogation of federal deposit insurance corporation. Whenever any bank whose deposits are in whole or in part insured pursuant to any federal laws, shall have been closed on account of the inability to meet the demands of its depositors, and the federal deposit insurance corporation or its successors shall pay or make available for payment the insured deposit liabilities of such closed institution, the corporation or its successors, whether or not the same shall have become receiver or liquidator of such closed bank, shall be subrogated to all rights against such closed bank, or the owner of such insured deposits with like force and effect as if the closed bank were a national bank, to the extent now or hereafter necessary to enable said corporation, under federal law, to make insured payments available to depositors of closed insured banks.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
220.035 - Banking institutions review board.
220.05 - Examination fees and assessments.
220.06 - Not to disclose information.
220.07 - Banks; impairment of capital.
220.08 - Delinquent banks; division may take possession.
220.081 - Closed insured banks; federal deposit insurance corporation may be receiver.
220.082 - Closed insured banks; subrogation of federal deposit insurance corporation.
220.085 - Federal aid to banks.
220.086 - Receiver of delinquent bank may borrow from federal government agency; court order.
220.09 - Indemnity fund, national bank.
220.10 - Books and accounts; division's control.
220.12 - Attorney general, duty of.
220.17 - Effect of consolidating banks and trust companies.
220.18 - Bank or corporate notaries; permitted acts.
220.285 - Reproduction and destruction of records; evidence.
220.30 - Closing in emergencies.
220.32 - Transfer of trust business within bank holding company groups.