AB969, s. 240 19Section 240. 218.01 (4) of the statutes is renumbered 218.0151 and amended
20to read:
AB969,75,2 21218.0151 Advisory committee. The licensor may appoint annually one or
22more local advisory committees and one general advisory committee, each consisting
23of not more than 9 members. The committees upon request of the licensor may advise
24and assist the licensor in the administration of this section ss. 218.0101 to 218.0163.

1The members of said the local advisory committees and the general advisory
2committee
shall receive no compensation for their services or expenses.
AB969, s. 241 3Section 241. 218.01 (5) (title) of the statutes is renumbered 218.0152 (title).
AB969, s. 242 4Section 242. 218.01 (5) (a) of the statutes is renumbered 218.0152 (1) and
5amended to read:
AB969,75,146 218.0152 (1) The licensor shall promote the interests of retail buyers and
7lessees of motor vehicles relating to default, delinquency, repossession or collection
8charges and the refund of the finance charge and insurance premium on prepayment
9of the instalment contract or consumer lease. It may define unfair practices in the
10motor vehicle industry and trade between licensees or between any licensees and
11retail buyers, lessees or prospective lessees of motor vehicles, but may not limit the
12price at which licensees may sell, assign or transfer receivables, contracts or other
13evidence of any obligation arising out of an instalment sale or consumer lease made
14under this section ss. 218.0101 to 218.0163.
AB969, s. 243 15Section 243. 218.01 (5) (b) 1. of the statutes is renumbered 218.0152 (2) (a)
16(intro.) and amended to read:
AB969,75,1917 218.0152 (2) (a) (intro.) The division of banking, department of transportation
18and division of hearings and appeals shall have the power in hearings arising under
19this chapter to determine do all of the following:
AB969,75,21 201. Determine the place, in this state, where they the hearings shall be held; to
21subpoena
.
AB969,75,22 222. Subpoena witnesses and documents; to take.
AB969,76,2 233. Take and permit the taking of depositions of witnesses residing in or outside
24of this state and to otherwise permit the discovery and preservation of evidence

1before hearing, in the manner provided for in civil actions in courts of record; to pay
2such
.
AB969,76,5 34. Pay the witnesses described in subd. 2 the fees and mileage for their
4attendance as is that are provided for witnesses in civil actions in courts of record;
5and to administer
.
AB969,76,6 65. Administer oaths.
AB969, s. 244 7Section 244. 218.01 (5) (b) 2. of the statutes is renumbered 218.0152 (2) (b) and
8amended to read:
AB969,76,139 218.0152 (2) (b) If the licensor has reason to believe that a violation of this
10section
ss. 218.0101 to 218.0163 has occurred, the licensor may issue subpoenas to
11compel the attendance of persons to be examined or the production of materials
12regarding the violation. Subpoenas shall be issued and served in accordance with
13ch. 885.
AB969, s. 245 14Section 245. 218.01 (5) (b) 3. of the statutes is renumbered 218.0152 (2) (c) and
15amended to read:
AB969,77,316 218.0152 (2) (c) A person providing information under this paragraph
17subsection may request that the information be designated as a trade secret, as
18defined in s. 134.90 (1) (c), or as confidential business information. The division of
19hearings and appeals or licensor shall approve the designation if the person
20providing the information demonstrates that the release of the information would
21adversely affect the person's competitive position. At least 15 days before any
22information designated as a trade secret or as confidential business information is
23disclosed to any other person, the division of hearings and appeals or licensor shall
24notify the person providing the information. The person providing the information
25may seek a court order limiting or prohibiting the disclosure. In such cases, the The

1court shall weigh the need for confidentiality of the information against the public
2interest in disclosure in determining whether to issue the order. Confidentiality is
3waived if the person providing the information consents in writing to disclosure.
AB969, s. 246 4Section 246. 218.01 (5) (c) of the statutes is renumbered 218.0152 (3) and
5amended to read:
AB969,77,106 218.0152 (3) The licensor may make promulgate such rules and regulations as
7it shall deem
as it considers necessary or proper for the effective administration and
8enforcement of this section ss. 218.0101 to 218.0163, but no licensee shall be subject
9to examination or audit by the licensor except as provided in sub. (3) (d) s. 218.0116
10(5)
.
AB969, s. 247 11Section 247. 218.01 (5m) (title) of the statutes is renumbered 218.0141 (title).
AB969, s. 248 12Section 248. 218.01 (5m) (a) of the statutes is renumbered 218.0141.
AB969, s. 249 13Section 249. 218.01 (6) (title) of the statutes is renumbered 218.0142 (title).
AB969, s. 250 14Section 250. 218.01 (6) (a) of the statutes is renumbered 218.0142 (1).
AB969, s. 251 15Section 251. 218.01 (6) (b) of the statutes is renumbered 218.0142 (2) (a)
16(intro.) and amended to read:
AB969,77,1917 218.0142 (2) (a) (intro.) Prior to or concurrent with any instalment sale, the
18seller shall deliver to the buyer a written statement describing clearly the all of the
19following:
AB969,77,20 201. The motor vehicle sold to the buyer, the.
AB969,77,21 212. The cash sale price, the.
AB969,77,22 223. The cash paid down by the buyer, the.
AB969,77,23 234. The amount credited the buyer for any trade-in and a.
AB969,77,24 245. A description of the cost to the retail buyer of any insurance, the.
AB969,78,2
16. The amount financed which may include the cost of insurance, and sales and
2use taxes, the.
AB969,78,3 37. The amount of the finance charge, the.
AB969,78,4 48. The amount of any other charge specifying its purpose, the.
AB969,78,5 59. The total of payments due from the buyer, the.
AB969,78,7 610. The terms of the payment of such the total, the of payments due from the
7buyer.
AB969,78,9 811. The amount and date of each payment necessary finally to pay the total and
9a
.
AB969,78,11 1012. A summary of any insurance coverage to be effected. The division of
11banking may determine the form of the statement.
AB969,78,14 12(b) If a written order is taken from a prospective purchaser in connection with
13any instalment sale, the written statement described in par. (a) shall be given to the
14purchaser prior to or concurrent with the signing of the order by the purchaser.
AB969, s. 252 15Section 252. 218.01 (6) (bp) of the statutes is renumbered 218.0142 (3).
AB969, s. 253 16Section 253. 218.01 (6) (c) of the statutes is renumbered 218.0142 (4) and
17amended to read:
AB969,78,2518 218.0142 (4) An exact copy of the instalment sale contract and any note or notes
19given in connection therewith with the contract shall be furnished by the seller to the
20buyer at the time the buyer signs such the contract. The buyer's copy of the contract
21shall contain the signature of the seller identical with the signature on the original
22contract. No contract shall be signed in blank except that a detailed description of
23the motor vehicle including the serial number or other identifying marks of the
24vehicle sold which are not available at the time of execution of such the contract may
25be filled in before final delivery of the motor vehicle.
AB969, s. 254
1Section 254. 218.01 (6) (d) of the statutes is renumbered 218.0142 (5) and
2amended to read:
AB969,79,63 218.0142 (5) A violation of par. (a), (b) or (bp) sub. (1), (2) or (3) bars recovery
4of any finance charge by the seller, or an assignee of the seller who, at the time of the
5assignment, had knowledge of the violation, in any suit upon a sales contract arising
6from the sale where the violation occurred.
AB969, s. 255 7Section 255. 218.01 (6) (e) of the statutes is renumbered 218.0142 (6) (a)
8(intro.) and amended to read:
AB969,79,119 218.0142 (6) (a) (intro.) Prior to 30 days after acquisition of any retail
10instalment contract from a retail seller, every finance company shall mail do all of
11the following:
AB969,79,13 121. Mail or deliver to the retail buyer a written notice that it the finance company
13has acquired the retail instalment contract from the retail seller , and shall also mail.
AB969,79,18 142. Mail or cause to be mailed with the notice described in subd. 1. a statement
15of the particulars of the retail instalment contract price required under par. (b) sub.
16(2)
to be stated by the retail seller, in accordance with the finance company's records
17respecting such the particulars of the retail instalment contract, including the
18amount of the finance charge.
AB969,79,25 19(b) Every finance company, if insurance is provided by it the finance company,
20shall also within the 30 days after acquisition of the retail instalment contract send
21or cause to be sent to the retail buyer a policy of insurance clearly setting forth the
22exact nature of the insurance coverage and the amount of the premiums, each stated
23separately, which shall be filed with the commissioner of insurance in accordance
24with ch. 625. The cancellation and rewriting of any such policy provided by the
25finance company
shall comply with the requirements of s. 631.69.
AB969, s. 256
1Section 256. 218.01 (6) (em) of the statutes is renumbered 218.0142 (7) and
2amended to read:
AB969,80,73 218.0142 (7) In the event that the dealer shall finance the instalment sale
4contract, the division of banking may permit the dealer to combine the information
5required by pars. (b) and (e) last above subs. (2) and (6) in one statement under such
6rules and regulations as that the division of banking may from time to time prescribe
7promulgate.
AB969, s. 257 8Section 257. 218.01 (6) (f) of the statutes is renumbered 218.0142 (8) and
9amended to read:
AB969,80,1510 218.0142 (8) Any retail buyer of a motor vehicle, resident in the this state of
11Wisconsin,
at the time of purchase, under a retail instalment contract, shall have a
12valid defense in any action or proceeding at law to enforce said the contract by any
13finance company that is not licensed hereunder and which has purchased or
14otherwise acquired such the contract , if such the finance company has wilfully failed
15or refused to comply with par. (e) sub. (6).
AB969, s. 258 16Section 258. 218.01 (6) (g) of the statutes is renumbered 218.0142 (9) and
17amended to read:
AB969,80,2518 218.0142 (9) Any retail buyer of a motor vehicle, resident of the this state of
19Wisconsin
at the time of purchase, under a retail instalment contract made in this
20state, shall have a valid defense against the recovery of the principal, finance charge
21and other fees included in the contract, in any action or proceeding at law to enforce
22the contract by any person who has purchased or otherwise acquired the contract,
23if the person has failed or refused prior to the purchase or acquisition to be licensed
24as a sales finance company under this section, ss. 218.0101 to 218.0163 and the
25person is actually engaged in business, in whole or in part as a sales finance company.
AB969, s. 259
1Section 259. 218.01 (6) (h) of the statutes is renumbered 218.0142 (10) and
2amended to read:
AB969,81,53 218.0142 (10) All transactions which constitute consumer transactions (s.
4421.301 (13)) are subject to chs. 421 to 427, in addition to this section ss. 218.0101
5to 218.0163
.
AB969, s. 260 6Section 260. 218.01 (6) (k) of the statutes is renumbered 218.0142 (11) and
7amended to read:
AB969,81,118 218.0142 (11) This subsection section does not apply to a retail instalment sale
9of a motor vehicle made on or after November 1, 1981, if the motor vehicle is to be used
10primarily for business or commercial purposes and not for the buyer's personal,
11family or household use.
AB969, s. 261 12Section 261. 218.01 (6m) of the statutes is renumbered 218.0143 and amended
13to read:
AB969,82,2 14218.0143 Notice of insurance to buyer under instalment sales contract.
15 Whenever a person sells or agrees to sell any motor vehicle at retail under a retail
16instalment contract wherein in which provision is made for insurance coverage, or
17a charge is made therefor, such for insurance coverage, the policy so issued or
18provided for, shall include public liability coverage protecting the driver of such the
19motor vehicle against damages resulting from the negligent use thereof of the
20vehicle
, or the seller shall, in writing, notify the buyer at the time of making such the
21retail instalment
contract that the motor vehicle is not covered by public liability
22insurance protecting the driver against damages resulting from the negligent use
23thereof of the vehicle. The seller shall obtain, on a form separate from the retail
24instalment contract, the signed acknowledgment of the buyer that he or she has been

1notified that the contract does or does not include such public liability insurance
2protecting the driver against damages resulting from the negligent use of the vehicle.
AB969, s. 262 3Section 262. 218.01 (6x) (title) and (a) to (d) of the statutes are renumbered
4218.0144 (title) and (1) to (4), and 218.0144 (4), as renumbered, is amended to read:
AB969,82,115 218.0144 (4) A prospective lessor may cancel a prelease agreement that, with
6regard to the lease terms disclosed in the prelease agreement, is contingent upon
7approval of the prospective lessee's credit by a sales finance company to whom the
8prospective lessor intends to assign the consumer lease, if the prelease agreement
9contains a provision requiring the prospective lessor to give the prospective lessee
10written notice of such the cancellation within 10 business days of execution of the
11prelease agreement and the notice is given to the prospective lessee.
AB969, s. 263 12Section 263. 218.01 (6x) (e) of the statutes, as affected by 1997 Wisconsin Act
1348
, is renumbered 218.0144 (5).
AB969, s. 264 14Section 264. 218.01 (7) of the statutes is renumbered 218.0145 and amended
15to read:
AB969,82,25 16218.0145 Prohibited acts. (1) No manufacturer of motor vehicles, no
17wholesaler or distributor of motor vehicles, and no officer, agent or representative of
18either a manufacturer, wholesaler or distributor, shall induce or coerce, or attempt
19to induce or coerce, any retail motor vehicle dealer or prospective retail motor vehicle
20dealer in this state to sell, assign or transfer any retail instalment sales contract,
21obtained by such the dealer in connection with the sale by the dealer in this state of
22motor vehicles manufactured or sold by such the manufacturer, wholesaler or
23distributor, to a specified sales finance company or class of such finance companies,
24or to any other specified person, by any of the following acts or means hereinafter set
25forth, namely
:
AB969,83,4
1(a) By any express or implied statement, suggestion, promise or threat, made
2directly or indirectly,
that such the manufacturer, wholesaler or distributor will in
3any manner benefit or injure such the dealer, whether such statement, suggestion,
4threat or promise is express or implied, or made directly or indirectly
.
AB969,83,55 (b) By any act that will benefit or injure such the dealer.
AB969,83,126 (c) By any contract, or any express or implied offer of contract, made directly
7or indirectly to such the dealer, for handling such motor vehicles manufactured or
8sold by the manufacturer, wholesaler or distributor
, on the condition that such the
9dealer sell, assign or transfer the dealer's retail instalment contract thereon
10contracts on motor vehicles manufactured or sold by the manufacturer, wholesaler
11or distributor
, in this state, to a specified sales finance company or class of such
12finance companies, or to any other specified person.
AB969,83,2013 (d) By any express or implied statement or representation, made directly or
14indirectly, that such the dealer is under any obligation whatsoever to sell, assign or
15transfer any of the dealer's retail sales contracts, in this state, on motor vehicles
16manufactured or sold by such the manufacturer, wholesaler or distributor to such a
17sales finance company, or class of finance companies, or other specified person,
18because of any relationship or affiliation between such the manufacturer, wholesaler
19or distributor and such the finance company or companies or such the specified
20person or persons.
AB969,83,23 21(2) Any such statements, threats, promises, acts, contracts or offers of
22contracts, set forth in par. (a) sub. (1) are declared unfair trade practices and unfair
23competition and against the policy of this state, are unlawful and are prohibited.
AB969,84,3 24(3) No sales finance company, and no officer, agent or representative thereof
25of a sales finance company, shall induce or coerce or attempt to induce or coerce any

1retail motor vehicle dealer to transfer to such the sales finance company any of the
2dealer's retail instalment sales contracts in this state of such dealer on any motor
3vehicle by any of the following acts or means, namely:
AB969,84,84 (a) By any statement or representation, express or implied, made directly or
5indirectly, that the manufacturer, wholesaler or distributor of such the motor
6vehicles will grant such the dealer a franchise to handle such the manufacturer's,
7wholesaler's or distributor's
motor vehicles if such the dealer shall will sell, assign
8or transfer all or part of such retail sales contracts to such sales finance company.
AB969,84,139 (b) By any statement or representation, express or implied, made directly or
10indirectly, that the manufacturer, wholesaler or distributor of such motor vehicles
11will in any manner benefit or injure such the dealer if such the dealer shall does or
12shall does not sell, assign or transfer all or part of such the dealer's retail sales
13contracts to such the sales finance company.
AB969,84,2014 (c) By an express or implied statement or representation made directly or
15indirectly, that there is an express or implied obligation on the part of such the dealer
16to so sell, assign or transfer all or part of such the dealer's retail sales contracts on
17such the manufacturer's, wholesaler's or distributor's motor vehicles to such the
18sales finance company because of any relationship or affiliation between such the
19sales finance company and the manufacturer, wholesaler or distributor of such motor
20vehicles
.
AB969,84,23 21(4) Any such statement or representations set forth in par. (c) sub. (3) are
22declared to be unfair trade practices and, unfair competition and against the policy
23of this state, and are unlawful and are prohibited.
AB969,85,3 24(5) Any retail motor vehicle dealer who, pursuant to any inducement,
25statement, promise or threat hereinbefore declared unlawful under this section,

1shall sell, assign or transfer any or all of the dealer's retail instalment contracts shall
2not be guilty of any unlawful act and may be compelled to testify to each such
3unlawful act.
AB969,85,14 4(6) No manufacturer shall directly or indirectly pay or give, or contract to pay
5or give, anything of service or value to any sales finance company licensee in this
6state, and no such sales finance company licensee in this state shall accept or receive
7or contract or agree to accept or receive directly or indirectly any payment or thing
8of
service of or value from any manufacturer, if the effect of the payment or the giving
9of any such the thing of service or value by the manufacturer, or the acceptance or
10receipt thereof of the payment or thing of service or value by the sales finance
11company licensee, may be to lessen or eliminate competition or tend to grant an
12unfair trade advantage or create a monopoly in the sales finance company licensee
13who accepts or receives the payment, thing or service of value or contracts or agrees
14to accept or receive the same
.
AB969, s. 265 15Section 265. 218.01 (7a) of the statutes, as affected by 1997 Wisconsin Act 27,
16is renumbered 218.0146.
AB969, s. 266 17Section 266. 218.01 (7b) (title) of the statutes is renumbered 218.0147 (title).
AB969, s. 267 18Section 267. 218.01 (7b) of the statutes is renumbered 218.0147 (1) and
19amended to read:
AB969,86,520 218.0147 (1) No minor shall may purchase or lease any motor vehicle unless
21the minor, at the time of purchase or lease, submits to the seller or lessor a statement
22verified before a person authorized to administer oaths and made and signed by
23either parent of the purchaser or lessee, if such the signing parent has custody of the
24minor or, if neither parent has custody, then by the person having custody, setting
25forth that the purchaser or lessee has consent to purchase or lease the vehicle. The

1signature on the statement shall not impute any liability for the purchase price of
2the motor vehicle or for any payments under the consumer lease to the consenting
3person. The statement shall not adversely affect any other arrangement for the
4assumption of liability for the purchase price or any lease payments which the
5consenting person may make.
AB969,86,12 6(2) If a motor vehicle is purchased by a minor, the signed statement described
7in sub. (1)
shall accompany the application for a certificate of title and shall be filed
8by the department of transportation with the application. Failure to obtain the
9consent or to forward it, together with the application for a certificate of title in the
10event of the purchase of a motor vehicle, shall not void the contract of sale or
11consumer lease of a motor vehicle in the hands of an innocent holder, without notice,
12for value and in the ordinary course of business.
AB969,86,15 13(3) Any person who knowingly sells or leases a motor vehicle to a minor with
14knowledge of such fact
without procuring such a the statement described in sub. (1)
15may be fined not more than $200 or imprisoned for not more than 6 months or both.
AB969, s. 268 16Section 268. 218.01 (7m) (title) of the statutes is renumbered 218.0136 (title).
AB969, s. 269 17Section 269. 218.01 (7m) (a) of the statutes is renumbered 218.0136 (1) and
18amended to read:
AB969,87,319 218.0136 (1) A licensee may not file a complaint or petition with the division
20of hearings and appeals or bring an action under sub. (9) (a) s. 218.0163 (1), based
21on an alleged violation of this section ss. 218.0101 to 218.0163 by any other licensee
22or pursuant to sub. (3) (f) or (fm), (3c) or (3x) under s. 218.0116 (7) or (8), 218.0131
23or 218.0134
, unless the licensee serves a demand for mediation upon the other
24licensee before or contemporaneous with the filing of the complaint or petition or the
25bringing of the action. A demand for mediation shall be in writing and served upon

1the other licensee by certified mail at an address designated for that licensee in the
2licensor's records. The demand for mediation shall contain a brief statement of the
3dispute and the relief sought by the licensee filing the demand.
AB969, s. 270 4Section 270. 218.01 (7m) (b) of the statutes is renumbered 218.0136 (2).
AB969, s. 271 5Section 271. 218.01 (7m) (c) of the statutes is renumbered 218.0136 (3) and
6amended to read:
AB969,87,217 218.0136 (3) The service of a demand for mediation under par. (a) sub. (1) shall
8stay the time for the filing of any complaint or petition with the division of hearings
9and appeals or for bringing an action under sub. (9) (a) s. 218.0163 (1), based on an
10alleged violation of this section ss. 218.0101 to 218.0163 by the other licensee or
11pursuant to sub. (3) (f) or (fm), (3c) or (3x) under s. 218.0116 (7) or (8), 218.0131 or
12218.0134
, until the representatives of both licensees have met with a mutually
13selected mediator for the purpose of attempting to resolve the dispute. If a complaint
14or petition is filed before the meeting, the division of hearings and appeals or the
15court shall enter an order suspending the proceeding or action until the meeting has
16occurred and may, upon the written stipulation of all parties to the proceeding or
17action that they wish to continue to mediate under this subsection section, enter an
18order suspending the proceeding or action for as long a period as the division of
19hearings and appeals or court considers to be appropriate. A suspension order issued
20under this paragraph subsection may be revoked upon motion of any party or upon
21motion of the division of hearings and appeals or the court.
AB969, s. 272 22Section 272. 218.01 (7m) (d) of the statutes is renumbered 218.0136 (4) and
23amended to read:
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