214.245 Content of application to organize. - Wisconsin Statutes

214.245

214.245 Content of application to organize. The incorporators shall file an application for a certificate to organize a savings bank on forms prescribed by the division. The application shall include any information the division considers necessary but shall include at least all of the following:

214.245(1)

(1) The name, address, social security number, date of birth, place of birth, business address, home address and occupation of each incorporator.

214.245(3)

(3) The name of the proposed savings bank.

214.245(4)

(4) The address of the home office and branch offices, if known, of the proposed savings bank. The application shall include information about any real estate interests of an incorporator if that real estate may be involved with any of these locations.

214.245(5)

(5) The anticipated duration of the proposed savings bank, which may be perpetual.

214.245(6)

(6) An audited financial statement of each incorporator.

214.245(7)

(7) The proposed articles of incorporation and bylaws.

214.245(8)

(8) The number of shares of capital stock; the number of shares and classes of preferred stock, if any; the number of shares to be sold; and the per share initial offering price of each share.

214.245(9)

(9) The total amount and number of the initial deposit accounts.

214.245(10)

(10) The names and addresses of the initial directors.

214.245 - ANNOT.

History: 1991 a. 221; 1995 a. 27.