reglab/housing_qa huggingface dataset:
WI Stat § 221.0404 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0404 - Deceptive or misleading use of bank name, logo, or symbol.

221.0404  Deceptive or misleading use of bank name, logo, or symbol. (1) Use of bank name, logo, or symbol for marketing purposes. Except as provided in sub. (3), no person may use the name, logo, or symbol, or any combination thereof, of a bank, or any name, logo, or symbol, or any combination thereof, that is deceptively similar to the name, logo, or symbol of a bank, in any marketing material provided to or solicitation of another person in a manner such that a reasonable person may believe that the marketing material or solicitation originated from or is endorsed by the bank or that the bank is responsible for the marketing material or solicitation. (2)  Enforcement and penalties. The division shall direct any person the division finds to have violated sub. (1) to cease and desist from violating sub. (1). If a person violates sub. (1) after receiving such direction, the division may impose a forfeiture of up to $1,000 for each violation. Each instance in which marketing material is provided to another person or solicitation of another person takes place in violation of sub. (1) constitutes a separate violation. This subsection does not affect the availability of any remedies otherwise available to a bank. (3)  Exceptions. Subsection (1) does not apply to a person who uses the name, logo, or symbol of a bank in any of the following circumstances:(a) With the consent of the bank.(b) If the person is the bank, an affiliate of the bank, or an agent of the bank.History:  2003 a. 262.
WI Stat § 221.0501 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0501 - Quorum and voting requirements for voting groups.

221.0501  Quorum and voting requirements for voting groups. (1) Quorum requirement. Shares entitled to vote as a separate voting group may take action on a matter at a meeting only if a quorum of those shares exists with respect to that matter. Unless the articles of incorporation, the bylaws or this chapter provide otherwise, a majority of the votes entitled to be cast on the matter by the voting group constitutes a quorum of that voting group for action on that matter. (2)  Method of determining quorum. If a share is represented for any purpose at a meeting, other than for the purpose of objecting to holding the meeting or transacting business at the meeting, the share is considered present for purposes of determining whether a quorum exists for the remainder of the meeting and for any adjournment of that meeting, unless a new record date is or must be set for that adjourned meeting. (3)  Simple majority voting. If a quorum exists, action on a matter by a voting group is approved if the votes cast within the voting group favoring the action exceed the votes cast opposing the action, unless the articles of incorporation, the bylaws or this chapter require a greater number of affirmative votes.History:  1995 a. 336.
WI Stat § 221.0502 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0502 - Greater or lower quorum or greater voting requirements.

221.0502  Greater or lower quorum or greater voting requirements. (1) Method of specifying different requirements. The articles of incorporation may provide, or authorize the bylaws under s. 221.0503 to provide, for a greater or lower quorum requirement or a greater voting requirement for shareholders or voting groups of shareholders than is provided by this chapter. (2)  Amendments to articles of incorporation to change requirements. An amendment to the articles of incorporation that adds, changes or deletes a greater or lower quorum requirement or a greater voting requirement must meet the same quorum requirement and be adopted by the same vote and voting groups required to take action under the quorum and voting requirements then in effect.History:  1995 a. 336.
WI Stat § 221.0503 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0503 - Bylaw fixing quorum or voting requirements for shareholders.

221.0503  Bylaw fixing quorum or voting requirements for shareholders. (1) In general. If authorized by the articles of incorporation, the shareholders may adopt or amend a bylaw that fixes a greater or lower quorum requirement or a greater voting requirement for shareholders or voting groups of shareholders than is provided by this chapter. The adoption or amendment of a bylaw that adds, changes or deletes a greater or lower quorum requirement or a greater voting requirement for shareholders must meet the same quorum requirement and be adopted by the same vote and voting groups required to take action under the quorum and voting requirement then in effect. (2)  Shareholder approval. A bylaw that fixes a greater or lower quorum requirement or a greater voting requirement for shareholders under sub. (1) may not be adopted, amended or repealed by the board of directors.History:  1995 a. 336.
WI Stat § 221.0504 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0504 - Number of shareholders.

221.0504  Number of shareholders. (1) Method of counting. For purposes of this chapter, any of the following constitutes one shareholder if identified as a shareholder in a bank's current record of shareholders:(a) Three or fewer co-owners.(b) An entity.(c) The trustees, guardians, custodians or other fiduciaries of a single trust, estate or account. (2)  Substantially similar names. For purposes of this chapter, shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe that the names represent the same person.History:  1995 a. 336.
WI Stat § 221.0505 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0505 - Issued and outstanding shares.

221.0505  Issued and outstanding shares. (1) Issued and outstanding shares. A bank may issue the number of shares of each class or series authorized by the articles of incorporation. Shares that are issued are outstanding shares until they are reacquired, redeemed, converted or canceled. (2)  Share requirements. At all times that shares of the bank are outstanding, there must be outstanding one or more shares that together have unlimited voting rights and one or more shares, which may be the same share or shares as those with unlimited voting rights, that together are entitled to receive the net assets of the bank upon dissolution.History:  1995 a. 336.
WI Stat § 221.0506 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0506 - Fractional shares.

221.0506  Fractional shares. (1) Issuance and disposition. A bank may do any of the following:(a) Issue fractions of a share or pay in money the value of fractions of a share.(b) Arrange for disposition of fractional shares by the shareholders. (2)  Rights of holders of fractional shares. The holder of a fractional share may exercise the rights of a shareholder, including the right to vote, to receive dividends and to participate in the assets of the bank upon liquidation.History:  1995 a. 336.
WI Stat § 221.0507 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0507 - Share dividends.

221.0507  Share dividends. (1) Definition. In this section, “share dividend" means shares issued proportionally and without consideration to the bank's shareholders or to the shareholders of one or more classes or series. (2)  Power to issue share dividends. Except as provided in sub. (3) and unless the articles of incorporation provide otherwise, a bank may issue share dividends. (3)  Limitations. (a) A bank may not issue shares of one class or series as a share dividend in respect of shares of another class or series unless any of the following is satisfied:1. The articles of incorporation authorize the issuance.2. A majority of the votes entitled to be cast by the class or series to be issued approve the issuance.3. There are no outstanding shares of the class or series to be issued, as determined under par. (b).(b) If a security is outstanding that is convertible into or carries a right to subscribe for or acquire shares of the class or series to be issued, the holder of the security is considered a holder of the class or series to be issued for purposes of making the determination under par. (a) 3. (4)  Record date. If the board of directors does not fix the record date for determining shareholders entitled to a share dividend, it is the date on which the board of directors authorizes the share dividend.History:  1995 a. 336.
WI Stat § 221.0508 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0508 - Form and content of certificates.

221.0508  Form and content of certificates. (1) Contents. At a minimum, a share certificate shall state on its face all of the following:(a) The name of the issuing bank and that the bank is organized under the laws of this state.(b) The name of the person to whom issued.(c) The number and class of shares and the designation of the series, if any, that the certificate represents. (2)  Classes and series requirements. If the issuing bank is authorized to issue different classes of shares or different series within a class, the front or back of each certificate shall contain any of the following:(a) A summary of the designations, relative rights, preferences and limitations applicable to each class, and the variations in rights, preferences and limitations determined for each series and the authority of the board of directors to determine variations for future series.(b) A conspicuous statement that the bank will furnish the shareholder the information described in par. (a) on request, in writing and without charge. (3)  Signature. (a) Each share certificate shall be signed either manually or in facsimile, by the officer or officers designated in the bylaws or by the board of directors.(b) The validity of a share certificate is not affected if a person who signed the certificate no longer holds office when the certificate is issued.History:  1995 a. 336.
WI Stat § 221.0509 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0509 - Restriction on transfer of shares and other securities.

221.0509  Restriction on transfer of shares and other securities. (1) Definitions. In this section:(a) “Other securities" include securities that are convertible into or carry a right to subscribe for or acquire shares.(b) “Transfer restriction" means a restriction on the transfer or registration of transfer of shares and other securities of a bank. (2)  Permitted purposes of restrictions.  (a) Except as provided in par. (b), the articles of incorporation, the bylaws, an agreement among shareholders and holders of other securities, or an agreement between shareholders and holders of other securities and the bank, may impose a transfer restriction on shares and other securities of the bank for any reasonable purpose, including any of the following:1. Maintaining the bank's status under state or federal law when it is dependent on the number or identity of its shareholders.2. Preserving exemptions under federal or state securities law.(b) A transfer restriction may not affect shares and other securities issued before the restriction is adopted, unless the holders of the shares and other securities are parties to the transfer restriction agreement or vote in favor of the transfer restriction. (3)  Enforceability. A transfer restriction is valid and enforceable against the holder or a transferee of the holder if the transfer restriction is authorized by this section and its existence is noted conspicuously on the front or back of the certificate. Unless so noted, a transfer restriction is not enforceable against a person who does not know of the transfer restriction. (4)  Types of permitted transfer restrictions. The transfer restrictions permitted under this section include transfer restrictions that do any of the following:(a) Obligate the shareholder or holder of other securities first to offer the bank or other persons, whether separately, consecutively or simultaneously, an opportunity to acquire the restricted shares or other securities.(b) Subject to the limitations of s. 221.0323, if applicable, obligate the bank or other persons, whether separately, consecutively or simultaneously, to acquire the restricted shares or other securities.(c) Require the bank, the holders of a class of its shares or other securities or another person to approve the transfer of the restricted shares or other securities, if the requirement is not manifestly unreasonable.(d) Prohibit the transfer of the restricted shares or other securities to designated persons or classes of persons, if the prohibition is not manifestly unreasonable.History:  1995 a. 336.
WI Stat § 221.0511 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0511 - Annual meeting.

221.0511  Annual meeting. (1) When held. A bank shall hold a meeting of shareholders annually at a time stated in or fixed in accordance with the bylaws. (2)  Where held. A bank may hold the annual shareholders' meeting in or outside this state at the place stated in or fixed in accordance with the bylaws. If no place is stated in or fixed in accordance with the bylaws, the bank shall hold the annual meeting at its principal office. (3)  Effect of failure to comply. Failure to hold an annual meeting in one or more years does not affect the validity of any bank action.History:  1995 a. 336.
WI Stat § 221.0512 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0512 - Special meeting.

221.0512  Special meeting. (1) When required. A bank shall hold a special meeting of shareholders if any of the following occurs:(a) A special meeting is called by the board of directors or any person authorized by the articles of incorporation or bylaws to call a special meeting.(b) The holders of at least 10 percent of all the votes entitled to be cast on an issue proposed to be considered at the proposed special meeting sign, date and deliver to the bank one or more written demands for the meeting describing one or more purposes for which it is to be held. (2)  Record date. If not otherwise fixed under s. 221.0517, the record date for determining shareholders entitled to demand a special meeting is the date that the first shareholder signs the demand. (3)  Where held. A bank may hold a special shareholders' meeting in or outside this state at the place stated in or fixed in accordance with the bylaws. If no place is stated in or fixed in accordance with the bylaws, the bank shall hold a special meeting at its principal office. (4)  Limitation on business conducted. Only business within the purpose described in the meeting notice required by s. 221.0514 (2) (b) may be conducted at a special shareholders' meeting.History:  1995 a. 336.
WI Stat § 221.0513 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0513 - Shareholder action without a meeting.

221.0513  Shareholder action without a meeting. (1) Permitted methods. Action required or permitted by this chapter to be taken at a shareholders' meeting may be taken without a meeting in any of the following ways:(a) Without action by the board of directors, by all shareholders entitled to vote on the action.(b) If the articles of incorporation so provide, by shareholders who would be entitled to vote at a meeting those shares with voting power to cast not less than the minimum number or, in the case of voting by voting groups, numbers of votes that would be necessary to authorize or take the action at a meeting at which all shares entitled to vote were present and voted, except action may not be taken under this paragraph with respect to an election of directors for which shareholders may vote cumulatively under s. 221.0522. (2)  How documented. Action under sub. (1) must be evidenced by one or more written consents describing the action taken, signed by the number of shareholders necessary to take the action under sub. (1) (a) or (b) and delivered to the bank for inclusion in the bank records. (3)  Effective date. Action taken under sub. (1) is effective when consents representing the required number of shares are delivered to the bank, unless the consent specifies a different effective date. Within 10 days after action taken under sub. (1) (b) is effective, the bank shall give notice of the action to shareholders who, on the record date determined under sub. (4), were entitled to vote on the action but whose shares were not represented on the written consent. The notice shall comply with s. 221.0103. (4)  Record date. If not otherwise fixed under s. 221.0518, the record date for determining shareholders entitled to take action without a meeting is the date that the first shareholder signs the consent under sub. (1). (5)  Effect of written consent. A consent signed under this section has the effect of a meeting vote and may be described as such in any document. (6)  Notice requirements. If this chapter requires that notice of proposed action be given to shareholders who are not entitled to vote on the action and the action is to be taken under this section, the bank shall give those nonvoting shareholders written notice of the proposed action at least 10 days before the action becomes effective. The notice shall comply with s. 221.0103 and shall contain or be accompanied by the same material that, under this chapter, would have been required to be sent to nonvoting shareholders in a notice of meeting at which the proposed action would have been submitted to the shareholders for action.History:  1995 a. 336; 1997 a. 146.
WI Stat § 221.0514 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0514 - Notice of meeting.

221.0514  Notice of meeting. (1) When required. A bank shall notify shareholders of the date, time and place of each annual and special shareholders' meeting not less than 10 days nor more than 60 days before the meeting date, unless a different time is provided by this chapter, the articles of incorporation or the bylaws. The notice shall comply with s. 221.0103. Unless this chapter or the articles of incorporation require otherwise, the bank is required to give notice only to shareholders entitled to vote at the meeting. (2)  Content of notices. (a) Unless this chapter or the articles of incorporation require otherwise, notice of an annual meeting need not include a description of the purpose for which the meeting is called.(b) Notice of a special meeting shall include a description of each purpose for which the meeting is called. (3)  Record date. If not otherwise fixed under s. 221.0517, the record date for determining shareholders entitled to notice of and to vote at an annual or special shareholders' meeting is the close of business on the day before the first notice is given to shareholders. (4)  Adjournment. (a) Unless the bylaws require otherwise and except as provided in par. (b), if an annual or special shareholders' meeting is adjourned to a different date, time or place, the bank is not required to give notice of the new date, time or place if the new date, time or place is announced at the meeting before adjournment.(b) If a new record date for an adjourned meeting is or must be fixed under s. 221.0517 (3), the bank shall give notice of the adjourned meeting under this section to persons who are shareholders as of the new record date.History:  1995 a. 336.
WI Stat § 221.0515 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0515 - Disclosure to shareholders.

221.0515  Disclosure to shareholders. The bank shall include with each notice of an annual meeting delivered to shareholders copies for the 2 preceding fiscal years of the bank's balance sheets, statements of profit and loss and reconcilements of the bank's loan loss reserve.History:  1995 a. 336.
WI Stat § 221.0516 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0516 - Waiver of notice.

221.0516  Waiver of notice. (1) Written waiver. A shareholder may waive any notice required by this chapter, the articles of incorporation or the bylaws before or after the date and time stated in the notice. The waiver shall be in writing and signed by the shareholder entitled to the notice and contain the same information that would have been required in the notice under any applicable provisions of this chapter, except that the time and place of meeting need not be stated. The shareholder shall deliver the waiver to the bank for inclusion in the bank records. (2)  Waiver by attendance. A shareholder's attendance at a meeting, in person or by proxy, waives objection to all of the following:(a) Lack of notice or defective notice of the meeting, unless the shareholder at the beginning of the meeting or promptly upon arrival objects to holding the meeting or transacting business at the meeting.(b) Consideration of a particular matter at the meeting that is not within the purpose described in the meeting notice, unless the shareholder objects to considering the matter when it is presented.History:  1995 a. 336.
WI Stat § 221.0517 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 221 - State banks.|221.0517 - Record date.

221.0517  Record date. (1) Manner of fixing date. The bylaws may fix or provide the manner of fixing a future date as the record date for one or more voting groups in order to determine the shareholders entitled to notice of a shareholders' meeting, to demand a special meeting, to vote or to take any other action. If the bylaws do not fix or provide for fixing a record date, the board of directors may fix a future date as the record date. (2)  Limit on date. A record date fixed under this section may not be more than 70 days before the meeting or action requiring a determination of shareholders. (3)  Effect of adjournment. (a) Except as provided in par. (b), a determination of shareholders entitled to notice of or to vote at a shareholders' meeting is effective for any adjournment of the meeting unless the board of directors fixes a new record date, which it shall do if the meeting is adjourned to a date more than 120 days after the date fixed for the original meeting.(b) If a court orders a meeting adjourned to a date more than 120 days after the date fixed for the original meeting, it may provide that the original record date continues in effect or it may fix a new record date.History:  1995 a. 336.