Wisconsin Statutes

Wis. Stat. § 241.25 (2026)

Transfer of bank book to be in writing

✓ current as of July 2026
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241.25241.25Transfer of bank book to be in writing. No gift, sale, assignment or transfer of any saving fund bank book bearing evidence of bank deposits or of any interest in the deposits represented thereby, shall be valid unless the same shall be in writing and the same or a copy thereof delivered to the bank issuing such bank deposit book.
Notes of Decisions
Cited in 4 cases (1 in the last 5 years), 1967–2024 · leading case: Wisconsin Bankers Ass'n v. Mut. Sav. & Loan Ass'n, 275 N.W.2d 130 (Wis. Ct. App. 1978).
Wisconsin Bankers Ass'n v. Mut. Sav. & Loan Ass'n, 275 N.W.2d 130 (Wis. Ct. App. 1978). “Sec. 241.25, Stats., specifically states that no assignment occurs.”
Est. of Detjen v. Friedmann, 148 N.W.2d 745 (Wis. 1967). “The gift in this case was a chose in action or bank account evidenced by a savings deposit book. The form of this account was such that Ann Friedmann could withdraw the decedent’s money if she had possession of the passbook, hence sec.”
Schreiber v. Kellogg-Citizens Nat'l Bank, 227 N.W.2d 917 (Wis. 1975). “” The fact is, however, that the record does not show that he did draw from any of the accounts and the question is not what he could have done *148 but what he did do as evincing his intent to include the bank accounts along with the partnership property.”
Church of God of Crandon v. Church of God (Wis. Ct. App. 2024). · cites it 2× “§ 241.25. Although the Crandon Church questioned Watkins on the applicability of the statute of frauds at the hearings, it never argued to the circuit court that the statute of frauds applied to this case.”
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