221.0617 Consideration of interests in addition to shareholders' interests. - Wisconsin Statutes

221.0617

221.0617 Consideration of interests in addition to shareholders' interests. In discharging his or her duties to the bank and in determining what he or she believes to be in the best interests of the bank, a director or officer may, in addition to considering the effects of an action on shareholders, consider the following:

221.0617(1)

(1) The effects of the action on employees, suppliers and customers of the bank.

221.0617(2)

(2) The effects of the action on communities in which the bank operates.

221.0617(3)

(3) Other factors that the director or officer considers pertinent.

221.0617 - ANNOT.

History: 1995 a. 336.