AB133-ASA1-CA1,554,82
218.11
(2) (am) 4. If an applicant who is an individual does not have a social
3security number, the applicant, as a condition of applying for or applying to renew
4a license under this section, shall submit a statement made or subscribed under oath
5or affirmation to the licensor that the applicant does not have a social security
6number. The form of the statement shall be prescribed by the department of
7workforce development. Any license issued or renewed in reliance upon a false
8statement submitted by an applicant under this subdivision is invalid.
AB133-ASA1-CA1, s. 2342Lo
9Section 2342Lo. 218.11 (2) (am) 4. of the statutes, as created by 1999
10Wisconsin Act .... (this act), is amended to read:
AB133-ASA1-CA1,554,1711
218.11
(2) (am) 4. If an applicant who is an individual does not have a social
12security number, the applicant, as a condition of applying for or applying to renew
13a license under this section, shall submit a statement made or subscribed under oath
14or affirmation to the
licensor department that the applicant does not have a social
15security number. The form of the statement shall be prescribed by the department
16of workforce development. Any license issued or renewed in reliance upon a false
17statement submitted by an applicant under this subdivision is invalid.".
AB133-ASA1-CA1,555,221
218.12
(2) (a) Applications for mobile home salesperson's license and renewals
22thereof shall be made to the licensor on such forms as the licensor prescribes and
23furnishes and shall be accompanied by the license fee required under par. (c) or (d).
24The Except as provided in par. (am) 3., the application shall include the applicant's
1social security number. In addition, the application shall require such pertinent
2information as the licensor requires.
AB133-ASA1-CA1, s. 2342ps
3Section 2342ps. 218.12 (2) (a) of the statutes, as affected by 1999 Wisconsin
4Act .... (this act), is amended to read:
AB133-ASA1-CA1,555,115
218.12
(2) (a) Applications for
mobile home a salesperson's license and
6renewals thereof shall be made to the
licensor department on such forms as the
7licensor department prescribes and furnishes and shall be accompanied by the
8license fee required under par. (c) or (d). Except as provided in par. (am) 3., the
9application shall include the applicant's social security number. In addition, the
10application shall require such pertinent information as the
licensor department 11requires.
AB133-ASA1-CA1,555,1513
218.12
(2) (am) 1.
The Except as provided in subd. 3., the licensor shall deny
14an application for the issuance or renewal of a license if an individual has not
15included his or her social security number in the application.
AB133-ASA1-CA1, s. 2342pu
16Section 2342pu. 218.12 (2) (am) 1. of the statutes, as affected by 1999
17Wisconsin Act .... (this act), is amended to read:
AB133-ASA1-CA1,555,2018
218.12
(2) (am) 1. Except as provided in subd. 3., the
licensor department shall
19deny an application for the issuance or renewal of a license if an individual has not
20included his or her social security number in the application.
AB133-ASA1-CA1,556,322
218.12
(2) (am) 3. If an applicant does not have a social security number, the
23applicant, as a condition of applying for or applying to renew a license under this
24section, shall submit a statement made or subscribed under oath or affirmation to
25the licensor that the applicant does not have a social security number. The form of
1the statement shall be prescribed by the department of workforce development. Any
2license issued or renewed in reliance upon a false statement submitted by an
3applicant under this subdivision is invalid.
AB133-ASA1-CA1, s. 2342pw
4Section 2342pw. 218.12 (2) (am) 3. of the statutes, as created by 1999
5Wisconsin Act .... (this act), is amended to read:
AB133-ASA1-CA1,556,126
218.12
(2) (am) 3. If an applicant does not have a social security number, the
7applicant, as a condition of applying for or applying to renew a license under this
8section, shall submit a statement made or subscribed under oath or affirmation to
9the
licensor department that the applicant does not have a social security number.
10The form of the statement shall be prescribed by the department of workforce
11development. Any license issued or renewed in reliance upon a false statement
12submitted by an applicant under this subdivision is invalid.".
AB133-ASA1-CA1,556,1915
218.12
(2) (am) 2. The
licensor department of commerce may not disclose a
16social security number obtained under par. (a) to any person except to the
17department of workforce development for the sole purpose of administering s. 49.22
18or to the department of revenue for the sole purpose of requesting certifications
19under s. 73.0301.".
AB133-ASA1-CA1,557,1422
221.0303
(2) Operation and acquisition of customer bank communications
23terminals. A bank may, directly or indirectly, acquire, place and operate, or
24participate in the acquisition, placement and operation of, at locations other than its
1main or branch offices, customer bank communications terminals, in accordance
2with rules established by the division. The rules of the division shall provide that
3any such customer bank communications terminal shall be available for use, on a
4nondiscriminatory basis, by any state or national bank and by all customers
5designated by a bank using the terminal. This subsection does not authorize a bank
6which has its principal place of business outside this state to conduct banking
7business in this state. The customer bank communications terminals also shall be
8available for use, on a nondiscriminatory basis, by any credit union, savings and loan
9association or savings bank, if the credit union, savings and loan association or
10savings bank requests to share its use, subject to rules jointly established by the
11division of banking, the office of credit unions and the division of savings
and loan 12institutions. The division by order may authorize the installation and operation of
13a customer bank communications terminal in a mobile facility, after notice and
14hearing upon the proposed service stops of the mobile facility.
AB133-ASA1-CA1,557,2416
221.0321
(5) Certain secured loans. A bank may make loans secured by
17assignment or transfer of stock certificates or other evidence of the borrower's
18ownership interest in a corporation formed for the cooperative ownership of real
19estate. Sections 846.10 and 846.101, as they apply to a foreclosure of a mortgage
20involving a one-family residence, apply to a proceeding to enforce the lender's rights
21in security given for a loan under this subsection. The division shall promulgate joint
22rules with the office of credit unions and the division of savings
and loan institutions 23that establish procedures for enforcing a lender's rights in security given for a loan
24under this subsection.
AB133-ASA1-CA1,558,7
1223.105
(3) (a) To assure compliance with such rules as may be established
2under s. 220.04 (7) the division of banking, the office of credit unions and the division
3of savings
and loan institutions shall, at least once every 18 months, examine the
4fiduciary operations of each organization which is under its respective jurisdiction
5and is subject to examination under sub. (2). If a particular organization subject to
6examination under sub. (2) is not otherwise under the jurisdiction of one of the
7foregoing agencies, such examination shall be conducted by the division of banking.
AB133-ASA1-CA1,558,189
223.105
(4) Notice of fiduciary operation. Except for those organizations
10licensed under ch. 221 or this chapter, any organization engaged in fiduciary
11operations as defined in this section shall, as required by rule, notify the division of
12banking, the office of credit unions or the division of savings
and loan institutions of
13that fact, directing the notice to the agency then exercising regulatory authority over
14the organization or, if there is none, to the division of banking. Any organization
15which intends to engage in fiduciary operations shall, prior to engaging in such
16operations, notify the appropriate agency of this intention. The notifications
17required under this subsection shall be on forms and contain information required
18by the rules promulgated by the division of banking.
AB133-ASA1-CA1,559,220
223.105
(5) Enforcement remedy. The division of banking or the division of
21savings
and loan institutions or office of credit unions shall upon the failure of such
22organization to submit notifications or reports required under this section or
23otherwise to comply with the provisions of this section, or rules established by the
24division of banking under s. 220.04 (7), upon due notice, order such defaulting
1organization to cease and desist from engaging in fiduciary activities and may apply
2to the appropriate court for enforcement of such order.
AB133-ASA1-CA1,559,104
223.105
(6) Sunset. Except for an organization regulated by the office of credit
5unions or the division of savings
and loan institutions or an organization authorized
6by the division of banking to operate as a bank or trust company under ch. 221 or this
7chapter, an organization may not begin activity as a fiduciary operation under this
8section after May 12, 1992. An organization engaged in fiduciary operations under
9this section on May 12, 1992, may continue to engage in fiduciary operations after
10that date.".
AB133-ASA1-CA1,559,1513
218.21
(2) (intro.) Application for a motor vehicle salvage dealer's license shall
14be made upon the form prescribed by the department and
, except as provided in sub.
15(2f), shall contain:
AB133-ASA1-CA1,559,2217
218.21
(2f) (a) If an applicant who is an individual does not have a social
18security number, the applicant, as a condition of applying for or applying to renew
19a motor vehicle salvage dealer's license, shall submit a statement made or subscribed
20under oath or affirmation to the department that the applicant does not have a social
21security number. The form of the statement shall be prescribed by the department
22of workforce development.
AB133-ASA1-CA1,559,2423
(b) Any motor vehicle salvage dealer's license issued or renewed in reliance
24upon a false statement submitted by an applicant under par. (a) is invalid.
AB133-ASA1-CA1,560,42
218.21
(2m) (a) The department shall deny an application for the issuance or
3renewal of a license if
the any information required under sub. (2) (ag) or (am) is not
4included in the application.
AB133-ASA1-CA1,560,86
218.31
(1) (intro.) Application for a motor vehicle auction dealer's license shall
7be made upon the form prescribed by the department and
, except as provided in sub.
8(1f), shall contain:
AB133-ASA1-CA1,560,1510
218.31
(1f) (a) If an applicant who is an individual does not have a social
11security number, the applicant, as a condition of applying for or applying to renew
12a motor vehicle auction dealer's license, shall submit a statement made or subscribed
13under oath or affirmation to the department that the applicant does not have a social
14security number. The form of the statement shall be prescribed by the department
15of workforce development.
AB133-ASA1-CA1,560,1716
(b) Any motor vehicle auction dealer's license issued or renewed in reliance
17upon a false statement submitted by an applicant under par. (a) is invalid.
AB133-ASA1-CA1,560,2119
218.31
(1m) (a) The department shall deny an application for the issuance or
20renewal of a license if
the any information required under sub. (1) (ag) or (am) is not
21included in the application.
AB133-ASA1-CA1,560,2523
218.41
(2) (am) 1. (intro.) In addition to any other information required under
24this subsection
and except as provided in subd. 3., an application for a license under
25this section shall include the following:
AB133-ASA1-CA1,561,82
218.41
(2) (am) 3. If an applicant who is an individual does not have a social
3security number, the applicant, as a condition of applying for or applying to renew
4a license under this section, shall submit a statement made or subscribed under oath
5or affirmation to the department that the applicant does not have a social security
6number. The form of the statement shall be prescribed by the department of
7workforce development. Any license issued or renewed in reliance upon a false
8statement submitted by an applicant under this subdivision is invalid.
AB133-ASA1-CA1,561,1110
218.41
(3m) (b) 1. A license shall be denied if the applicant fails to provide
the 11any information required under sub. (2) (am) 1.
a. or b.
AB133-ASA1-CA1,561,1513
218.51
(3) (am) 1. (intro.) In addition to any other information required under
14par. (a)
and except as provided in subd. 3., an application for a buyer identification
15card shall include the following:
AB133-ASA1-CA1,561,2417
218.51
(3) (am) 3. If an applicant for the issuance or renewal of a buyer
18identification card is an individual who does not have a social security number, the
19applicant, as a condition of applying for or applying to renew the buyer identification
20card, shall submit a statement made or subscribed under oath or affirmation to the
21department that the applicant does not have a social security number. The form of
22the statement shall be prescribed by the department of workforce development. Any
23buyer identification card issued or renewed in reliance upon a false statement
24submitted by an applicant under this subdivision is invalid.
AB133-ASA1-CA1,562,2
1218.51
(4m) (b) 1. A buyer identification card shall be denied if the applicant
2fails to provide
the any information required under sub. (3) (am) 1.
a. or b.".
AB133-ASA1-CA1,562,65
220.06
(1) In this section, "licensee" means a person licensed by the division
6under ch. 138, 217 or 218
or under s. 224.92.".
AB133-ASA1-CA1,562,1312
224.72
(2) (c) 1. (intro.)
An Except as provided in par. (d), an application shall
13include the following:
AB133-ASA1-CA1,562,2015
224.72
(2) (d)
Social security number exceptions. 1. If an applicant who is an
16individual does not have a social security number, the applicant, as a condition of
17applying for or applying to renew a registration under this section, shall submit a
18statement made or subscribed under oath or affirmation to the division that the
19applicant does not have a social security number. The form of the statement shall
20be prescribed by the department of workforce development.
AB133-ASA1-CA1,562,2221
2. Any certificate of registration issued or renewed in reliance upon a false
22statement submitted by an applicant under subd. 1. is invalid.
AB133-ASA1-CA1,563,2
1224.72
(7m) (a) The applicant for the issuance or renewal has failed to provide
2the any information required under sub. (2) (c) 1.".
AB133-ASA1-CA1,563,5
4"
Section 2353d. Subchapter IV of Chapter 224 [precedes 224.90] of the
5statutes is created to read:
AB133-ASA1-CA1,563,97
Subchapter IV
8
Nondepository small
9
business lenders
AB133-ASA1-CA1,563,10
10224.90 Definitions. In this subchapter:
AB133-ASA1-CA1,563,11
11(1) "Division" means the division of banking.
AB133-ASA1-CA1,563,12
12(2) "In control" means any of the following:
AB133-ASA1-CA1,563,1413
(a) Owning 10% or more of the outstanding voting stock of a nondepository
14lender.
AB133-ASA1-CA1,563,1815
(b) Possessing, directly or indirectly, alone or in concert with others, the power
16to control or vote 10% or more of the outstanding voting stock of a nondepository
17lender or to elect or control the election of a majority of the board of directors of a
18nondepository lender.
AB133-ASA1-CA1,563,19
19(3) "Licensee" means a lender licensed under this subchapter.
AB133-ASA1-CA1,564,2
20(4) "Nondepository lender" means a commercial small business lender that
21participates in the loan guarantee program of the U.S. small business
22administration described in
13 CFR 120.2 (a) and that provides financial assistance
23to small businesses that qualify for financial assistance pursuant to
15 USC 636 (a).
1"Nondepository lender" does not include a bank, credit union, savings and loan
2association or savings bank.
AB133-ASA1-CA1,564,4
3224.92 License required. No person may engage in business as a
4nondepository lender in this state without a license issued under this subchapter.
AB133-ASA1-CA1,564,12
5224.923 License application. An application for a license under this
6subchapter shall be made to the division in writing on a form to be prescribed by the
7division. An application for a license under this subchapter shall state the full name
8and business address of the applicant and each officer, director and person in control
9of the applicant. The application also shall contain the applicant's federal employer
10identification number. In addition, the application shall contain the applicant's
11business plan, 3 years of detailed financial projections and other relevant
12information, all as prescribed by the division.
AB133-ASA1-CA1,564,15
13224.927 Disclosure of certain application information. The division may
14not disclose an applicant's federal employer identification number received under s.
15224.923, except as follows:
AB133-ASA1-CA1,564,17
16(1) The division may disclose the information to the department of revenue for
17the sole purpose of requesting certification under s. 73.0301.
AB133-ASA1-CA1,564,19
18(2) The division may disclose the information to the department of workforce
19development in accordance with a memorandum of understanding under s. 49.857.
AB133-ASA1-CA1,564,25
20224.93 License approval. After a review of information regarding the
21directors, officers and controlling persons of the applicant for a license, a review of
22the applicant's business plan, including at least three years of detailed financial
23projections and other information considered relevant by the division, the division
24may approve an application for a license if the division determines that all of the
25following conditions are met: