223.06 Loans to officers. A trust company bank may not loan its funds, trust or otherwise, to any salaried officer or employee, nor shall any officer or employee become, in any manner, indebted to the bank by means of an overdraft, promissory note, account, endorsement, guaranty or any other contract.
History: 1977 c. 307; 1991 a. 74.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 223 - Trust company banks and other fiduciaries.
223.01 - Trust company banks, capital.
223.02 - Indemnity fund deposit; errors and omissions insurance.
223.055 - Uniform common trust fund act.
223.056 - Multi-institutional common trust funds.
223.057 - Taxation of common trust funds.
223.07 - Trust service offices.
223.08 - Name of corporation; penalty.
223.10 - Organizations as fiduciaries.
223.105 - Regulation of organizations acting as fiduciaries.
223.12 - Foreign trust company as personal representative or trustee in this state.