Purposes of taking custody

Wis. Stat. § 214.825
in effect
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The purposes of taking custody of a savings bank may include examination; production of an audit report or audited financial statement; reconstruction of books and records; conservation of assets; restoration of impaired capital; the making of any necessary or equitable adjustment, including changes in officers and management, considered necessary by the division under any plan of reorganization or liquidation; restructuring of the savings bank through a merger or formation of an interim institution; establishment of a conservatorship to operate and manage a savings bank as an ongoing concern until the grounds for custody and conservatorship are remedied; or the maturing of an obligation of the deposit insurance corporation.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/214.825Fetched: 10/7/2026
Wis. Stat. § 214.825 — Purposes of taking custody | Wisconsin Statutes (updated through 2025 Wis. Act 247) | Corpus