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Can you summarize WIAC DFI-Bkg 18.02?
Loans And Investments > Loans or investment limited.
Short Summary
(1) A bank or its subsidiary is limited for its aggregate loan or investment portfolio to the respective percentage established by the administrator of the division of banking pursuant to s. 221.0321 (3) , Stats. (2) The statutory limitations with respect to officers’, directors’ and employees’ of a bank, as set forth at s. 221.0625 , Stats., are applicable to and included in calculating the appropriate amounts of such officers’, directors’ or employees’ involvement, relationship, ownership or other participation through a subsidiary. History: Cr. Register, May, 1987, No. 377, eff. 6-1-87; corrections made under s. 13.93 (2m) (b) 7., Stats., Register October 2001 No. 550.
Jurisdiction
Wisconsin