There is a newer version
of
this Section
2020 Wisconsin Statutes & Annotations
Chapter 215. Savings and loan associations.
215.524 Consideration of interests in addition to members' interests.
Universal Citation: WI Stat § 215.524 (2020)
215.524 Consideration of interests in addition to members' interests. In discharging his or her duties to a mutual association organized under this subchapter and in determining what he or she believes to be in the best interests of the mutual association, a director or officer may, in addition to considering the effects of any action on members, consider the following:
(1) The effects of the action on employees, suppliers and customers of the mutual association.
(2) The effects of the action on communities in which the mutual association operates.
(3) Any other factors the director or officer considers pertinent.
History: 1987 a. 13.
Disclaimer: These codes may not be the most recent version. Wisconsin may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
