§ 186.01 Definitions
§ 186.015 Credit union review board
§ 186.02 Incorporation, bylaws, amendment, fees
§ 186.03 Use of name exclusive
§ 186.035 Deceptive or misleading use of credit union name, logo, or symbol
§ 186.06 Membership meetings, fiscal year
§ 186.07 Board of directors
§ 186.071 Oath of office
§ 186.08 Officers, management
§ 186.082 Definitions applicable to indemnification and insurance provisions
§ 186.083 Mandatory indemnification
§ 186.084 Determination of right to indemnification
§ 186.085 Allowance of expenses as incurred
§ 186.086 Credit union may limit indemnification
§ 186.087 Additional rights to indemnification and allowance of expenses
§ 186.088 Court-ordered indemnification
§ 186.089 Indemnification and allowance of expenses of employees and agents
§ 186.091 Insurance
§ 186.093 Definitions applicable to liability-related provisions
§ 186.094 Reliance by directors or officers
§ 186.095 Consideration of interests in addition to members’ interests
§ 186.096 Limited liability of directors and officers
§ 186.098 Loans
§ 186.10 Minors’ rights; shares in trust
§ 186.11 Investments
§ 186.112 Credit union borrowing
§ 186.113 Credit union powers
§ 186.115 Additional credit union authority
§ 186.116 Financially related services tie-ins
§ 186.118 Incidental powers parity with federal credit unions
§ 186.12 Compensation of officers, operation expenses
§ 186.13 Expulsion
§ 186.14 Expelled member rights and liabilities
§ 186.15 Auditing
§ 186.16 Dividends
§ 186.17 Reserves
§ 186.18 Dissolution
§ 186.19 Bonding requirements
§ 186.20 Financial privacy
§ 186.21 Credit unions promoted
§ 186.235 Office of credit unions
§ 186.31 Mergers
§ 186.314 Conversion
§ 186.315 Charter cancellation
§ 186.32 Corporate central credit union
§ 186.325 National corporate central credit union
§ 186.34 Federal share insurance
§ 186.36 Sale of insurance in credit unions
§ 186.41 Interstate acquisitions and mergers of credit unions
§ 186.45 Non-Wisconsin credit union, Wisconsin offices
§ 186.52 Customer access to appraisals
§ 186.53 Customer access to credit reports
§ 186.60 Venue
§ 186.70 Record search; members’ inspection of records
§ 186.71 Reproduction and destruction of records; evidence
§ 186.80 False statements

Terms Used In Wisconsin Statutes > Chapter 186

  • Acquire: when used in connection with a grant of power to any person, includes the acquisition by purchase, grant, gift or bequest. See Wisconsin Statutes 990.01
  • amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • appraisal: A determination of property value.
  • appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • clerk of court: An officer appointed by the court to work with the chief judge in overseeing the court's administration, especially to assist in managing the flow of cases through the court and to maintain court records.
  • community reinvestment act: The Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977. Source: OCC
  • contract: A legal written agreement that becomes binding when signed.
  • conviction: A judgement of guilt against a criminal defendant.
  • corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. Source: OCC
  • damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • felony: A crime carrying a penalty of more than a year in prison.
  • fiduciary: A trustee, executor, or administrator.
  • fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
  • foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • in writing: includes any representation of words, letters, symbols or figures. See Wisconsin Statutes 990.01
  • indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
  • jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • lien: A claim against real or personal property in satisfaction of a debt.
  • Minor: means a person who has not attained the age of 18 years, except that for purposes of investigating or prosecuting a person who is alleged to have violated a state or federal criminal law or any civil law or municipal ordinance, "minor" does not include a person who has attained the age of 17 years. See Wisconsin Statutes 990.01
  • misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • national bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • national credit union administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • Oath: includes affirmation in all cases where by law an affirmation may be substituted for an oath. See Wisconsin Statutes 990.01
  • obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Officers: when applied to corporations include directors and trustees. See Wisconsin Statutes 990.01
  • Optical disc: means a rotating circular plate on which information or images are placed in storage, and which is recorded and read by laser beams focused on the plate. See Wisconsin Statutes 990.01
  • Optical imaging: means transferring to a format employing an optical disc. See Wisconsin Statutes 990.01
  • oversight: Committee review of the activities of a Federal agency or program.
  • partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
  • Personal property: includes money, goods, chattels, things in action, evidences of debt and energy. See Wisconsin Statutes 990.01
  • Personal representative: means a person, however denominated, who is authorized to administer a decedent's estate. See Wisconsin Statutes 990.01
  • plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Preceding: when used by way of reference to any statute section, means the section next preceding that in which the reference is made. See Wisconsin Statutes 990.01
  • Promulgate: when used in connection with a rule, as defined under s. See Wisconsin Statutes 990.01
  • Property: includes real and personal property. See Wisconsin Statutes 990.01
  • Qualified: when applied to any person elected or appointed to office, means that such person has done those things which the person was by law required to do before entering upon the duties of the person's office. See Wisconsin Statutes 990.01
  • quorum: The number of legislators that must be present to do business.
  • real property: includes lands, tenements and hereditaments and all rights thereto and interests therein. See Wisconsin Statutes 990.01
  • remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • service of process: The service of writs or summonses to the appropriate party.
  • settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
  • statute: A law passed by a legislature.
  • subpoena: A command to a witness to appear and give testimony.
  • testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • trustee: A person or institution holding and administering property in trust.
  • United States: includes the District of Columbia, the states, the commonwealth of Puerto Rico and the territories organized by congress. See Wisconsin Statutes 990.01
  • Year: means a calendar year, unless otherwise expressed; "year" alone means "year of our Lord". See Wisconsin Statutes 990.01