214.915 Participation prohibition. - Wisconsin Statutes

214.915

214.915 Participation prohibition.

214.915(1)

(1) Except as provided in rules of the division, any person who has been removed or suspended from office in a savings bank or prohibited from participating in the conduct of the affairs of a savings bank under s. 214.90 may not, while an order is in effect, hold any office in or participate in any manner in the conduct of the affairs of another savings bank, savings bank subsidiary, affiliate, service corporation, savings bank holding company or state savings and loan association.

214.915(2)

(2) A violation of sub. (1) by any person who is subject to an order described in that subsection shall be treated as a violation of the order.

214.915 - ANNOT.

History: 1991 a. 221, 315; 1995 a. 27.