Wisconsin Statutes 223.06 – Loans to officers
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Wisconsin Statutes 223.06
- Contract: A legal written agreement that becomes binding when signed.
A trust company bank may not loan its funds, trust or otherwise, to any salaried officer or employee, nor shall any officer or employee become, in any manner, indebted to the bank by means of an overdraft, promissory note, account, endorsement, guaranty or any other contract.