Wisconsin Statutes & Annotations
Chapter 221 - State banks.
221.0312 - Investments in development companies.

221.0312 Investments in development companies. A bank is authorized to invest, in an amount not to exceed in the aggregate 5 percent of its capital, in shares of the Wisconsin Development Credit Corporation and in shares of small business investment companies located in this state.
History: 1995 a. 336.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 221 - State banks.

221.0101 - Title.

221.0102 - Definitions.

221.0103 - Notice.

221.0104 - Applicability.

221.0105 - Fees.

221.0201 - Applicants.

221.0202 - Application.

221.0203 - Certificate of authority.

221.0204 - Temporary organization.

221.0205 - Capital stock.

221.02055 - Reserves.

221.0206 - Articles of incorporation.

221.0207 - Filed documents.

221.0208 - Charter.

221.0209 - Prohibition on transacting business.

221.0210 - Publication of charter.

221.0211 - Amendment of articles of incorporation.

221.0212 - Restated articles of incorporation.

221.0213 - Bylaws.

221.0214 - Amendment of bylaws by board of directors or shareholders.

221.0215 - Authorized stock.

221.0216 - Preferred stock.

221.0217 - Reorganization of a state bank as a national bank.

221.0218 - Reorganization of a national bank as a state bank.

221.0219 - Conversion of a credit union to a state bank.

221.0301 - General powers.

221.0302 - Branch banks and other facilities.

221.0303 - Customer bank communications terminals.

221.0304 - Safe deposits.

221.0305 - Memberships and investments in federal reserve bank.

221.0306 - Memberships and investments in federal home loan bank.

221.0307 - Memberships and investments in other state and federal agencies.

221.0308 - Benefits under federal law; Federal Deposit Insurance Corporation.

221.0309 - Investments in international banking and financial institutions.

221.0310 - Federal National Mortgage Association.

221.0311 - Investments in agricultural credit corporations.

221.0312 - Investments in development companies.

221.0313 - Information to division; stock holdings.

221.0314 - Sale of U.S. bonds.

221.0315 - Insurance activities.

221.0316 - Trust powers.

221.0317 - Securitization of assets.

221.0318 - Notes and debentures.

221.0319 - Real estate.

221.0320 - Limit of loans and investments.

221.0321 - Other loans and investments.

221.0322 - Additional banking authority.

221.0323 - Bank purchase of its own stock.

221.0324 - Assets not to be pledged as security.

221.0325 - Certified checks.

221.0326 - Bad debts.

221.0327 - Surplus fund.

221.0328 - Dividends.

221.0329 - Savings promotion prize programs.

221.0401 - State bank.

221.0402 - Use of “bank".

221.0403 - Bank names.

221.0404 - Deceptive or misleading use of bank name, logo, or symbol.

221.0501 - Quorum and voting requirements for voting groups.

221.0502 - Greater or lower quorum or greater voting requirements.

221.0503 - Bylaw fixing quorum or voting requirements for shareholders.

221.0504 - Number of shareholders.

221.0505 - Issued and outstanding shares.

221.0506 - Fractional shares.

221.0507 - Share dividends.

221.0508 - Form and content of certificates.

221.0509 - Restriction on transfer of shares and other securities.

221.0510 - Preemptive rights.

221.0511 - Annual meeting.

221.0512 - Special meeting.

221.0513 - Shareholder action without a meeting.

221.0514 - Notice of meeting.

221.0515 - Disclosure to shareholders.

221.0516 - Waiver of notice.

221.0517 - Record date.

221.0518 - Shareholders' list for meeting.

221.0519 - Proxies.

221.0520 - Shares held by nominees.

221.0521 - Acceptance of instruments showing shareholder action.

221.0522 - Voting for directors; cumulative voting.

221.0523 - Voting trusts.

221.0524 - Voting agreements.

221.0525 - Shares of stock, when not transferable.

221.0526 - Stock control of bank or trust company bank by other corporation.

221.0601 - Requirement for and duties of board of directors.

221.0602 - Qualifications of directors.

221.0603 - Number and election of directors.

221.0604 - Election of directors by certain classes of shareholders.

221.0605 - Terms of directors generally.

221.0606 - Staggered terms of directors.

221.0607 - Resignation of directors.

221.0608 - Removal of directors by shareholders.

221.0609 - Vacancy on board.

221.0610 - Meetings.

221.06105 - Board action without a meeting.

221.0611 - Response to examination.

221.0612 - Notice of meeting.

221.0613 - Waiver of notice.

221.0614 - Quorum and voting.

221.0615 - Committees.

221.0616 - Reliance by directors or officers.

221.0617 - Consideration of interests in addition to shareholders' interests.

221.0618 - Limited liability of directors.

221.0619 - Director conflict of interest.

221.0620 - Officers.

221.0621 - Duties of officers.

221.0622 - Resignation and removal of officers.

221.0623 - Contract rights of officers.

221.0624 - Signature of officers.

221.0625 - Loans to bank officials; penalty.

221.0626 - Definitions applicable to indemnification and insurance provisions.

221.0627 - Mandatory indemnification.

221.0628 - Bank may limit indemnification.

221.0629 - Allowance of expenses as incurred.

221.0630 - Court-ordered indemnification.

221.0631 - Determination of right to indemnification.

221.0632 - Indemnification and allowance of expenses of employees and agents.

221.0633 - Insurance.

221.0634 - Additional rights to indemnification and allowance of expenses.

221.0635 - Indemnification and insurance against securities law claims.

221.0636 - Theft.

221.0637 - Bank officers and employees not to take commissions.

221.0701 - Interest exchange.

221.0702 - Consolidation or merger of banks.

221.0703 - Cancellation of charter of merged bank.

221.0704 - Interim banks.

221.0705 - Definitions.

221.0706 - Right to dissent.

221.0707 - Dissent by shareholders and beneficial shareholders.

221.0708 - Notice of dissenters' rights.

221.0709 - Notice of intent to demand payment.

221.0710 - Dissenters' notice.

221.0711 - Duty to demand payment.

221.0712 - Restriction on uncertificated shares.

221.0713 - Payment.

221.0714 - Failure to take action.

221.0715 - After-acquired shares.

221.0716 - Procedure if dissenter is dissatisfied with payment or offer.

221.0717 - Court action.

221.0718 - Court costs and counsel fees.

221.0801 - Liquidation.

221.0802 - Banks may be placed in hands of division.

221.0803 - Charter, how forfeited.

221.0901 - Acquisitions of banks and bank holding companies.

221.0903 - In-state branches maintained by out-of-state banks.

221.0904 - Out-of-state banks establishing branches.

221.1001 - Stock book.

221.1002 - Reports.

221.1003 - Forfeiture.

221.1004 - False statements.

221.1005 - Refusal to permit inspection.

221.1006 - Fees for certified copies.

221.1007 - Legal process; how served.

221.1008 - Record search.

221.1101 - Bank service corporations.

221.1201 - Stock in bank-owned banks.

221.1202 - Bank-owned banks.