Chapter DFI-SL 21

FINANCIAL SUBSIDIARIES

DFI-SL 21.01   Definitions.

DFI-SL 21.02   Financial activity.

DFI-SL 21.03   Control and interest.

DFI-SL 21.04   Application.

DFI-SL 21.05   Conditions and requirements.

DFI-SL 21.06   Capital deduction.

DFI-SL 21.07   Disclosure.

DFI-SL 21.08   Safeguards for the financial institution.

DFI-SL 21.09   Affiliate requirements.

DFI-SL 21.10   Preservation of existing subsidiaries.

DFI-SL 21.11   Examination and supervision.

DFI-SL 21.12   Report of disposition of financial subsidiary.

DFI-SL 21.01 DFI-SL 21.01 Definitions. In this chapter:

DFI-SL 21.01(1) (1) “Affiliate” has the meaning set forth in s. 221.0901, Stats.

DFI-SL 21.01(2) (2) “Company” has the meaning set forth in s. 221.0901, Stats.

DFI-SL 21.01(3) (3) “Control” has the meaning set forth in s. 221.0901, Stats.

DFI-SL 21.01(4) (4) “Division” means the division of banking.

DFI-SL 21.01(5) (5) “Financial institution” means a state savings and loan chartered under ch. 215, Stats.

DFI-SL 21.01(6) (6) “Financial subsidiary” means any company that is controlled by one or more insured depository institutions other than a subsidiary that a financial institution is authorized to control under other applicable law, or a subsidiary that engages solely in activities that a financial institution is permitted to engage in directly and are conducted subject to the same terms and conditions that govern the conduct of such activities by the financial institution.

DFI-SL 21.01(7) (7) “Insured depository institution” has the meaning set forth in 12 USC 1813(c)(2).

DFI-SL 21.01(8) (8) “Subsidiary” has the meaning set forth in s. 221.0901, Stats.

DFI-SL 21.01(9) (9) “Well capitalized” has the meaning set forth in 12 USC 1831o(b)(1)(A).