151,16
Section
16. 628.02 (1) (b) 1. to 7m. of the statutes are amended to read:
628.02 (1) (b) 1. A regular salaried officer, employee
, or other representative of an insurer or licensed intermediary, other than a risk retention group or risk purchasing group, who devotes substantially all working time to activities other than those in par. (a), and who receives no compensation that is directly dependent upon the amount of insurance business obtained;.
2. A regular salaried officer or employee of a person seeking to procure insurance, other than for members of a risk purchasing group, who receives no compensation that is directly dependent upon the amount of insurance coverage procured, with respect to such insurance;.
3. A person who gives incidental advice in the normal course of a business or professional activity other than insurance consulting if neither the person nor the person's employer receives compensation directly or indirectly on account of any insurance transaction that results from that advice;.
4. A person who without special compensation performs incidental services for another at the other's request without providing advice or technical or professional services of a kind normally provided by an intermediary;.
5. A holder of a group insurance policy, or any other person involved in mass marketing, with respect to administrative activities in connection with such a policy, if he or she receives no compensation therefor beyond actual expenses, estimated on a reasonable basis;.
6. A person who provides information, advice, or service for the principal purpose of reducing loss or the risk of loss;.
7. A person who gives advice or assistance without compensation, direct or indirect;.
7m. A person who acts solely as an agent, as defined in s. 616.71 (1); or.
701.0303 (8) (intro.) If there is no representation by a person having a substantially identical interest under s. 710.0304 701.0304, the trustee may appoint a representative to act if any of the following applies:
701.1101 Short title and scope. This subchapter may be cited as the Wisconsin Uniform Principal and Income Act. Subject to s. 701.1206 701.1205 (2), this subchapter applies to a trust described in s. 701.0102 and an estate that is administered in this state.
701.1205 (2) Subchapter XI of this chapter applies to a trust or decedent's estate existing on July 1, 2014, and to a trust or decedent's estate created or coming into existence after that date, except as otherwise expressly provided in subch. XI or by the decedent's will or the terms of the trust. With respect to a trust or decedent's estate existing on July 1, 2014, ss. 701.1110 to 701.1135 shall apply at the beginning of the trust's or estate's first accounting period, as defined in s. 701.1125 (2) (a) 701.1102 (1), that begins on or after July 1, 2014.
708.15 (10) (g) Be signed by the satisfaction agent, as provided in par. sub. (9) (am), and contain a form of authentication authorized by s. 706.06 or 706.07.
151,22
Section
22. 961.01 (20e) of the statutes is renumbered 961.01 (20b).
151,27
Section
27.
Renumbering and cross-reference changes under s. 13.92 (1) (bm) 2., stats. Each statute listed in column A was renumbered to the statute number in column B, and cross-references to the renumbered statute were changed in the statutes listed in column C to agree with the renumbered statute, under section 13.92 (1) (bm) 2. of the statutes:
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151,28
Section
28.
Corrections of obvious nonsubstantive errors under s. 35.17 (2), stats. In the sections of the statutes listed in Column A, the text shown in Column B was changed to the text shown in column C to correct obvious nonsubstantive errors under s. 35.17 (2) of the statutes:
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151,29
Section
29
.
Initial applicability.
(1)
Estate recovery changes. The treatment of section 49.496 (3) (aj) 2. and (dm) 2. of the statutes first applies to the recovery of public assistance, as defined in section 49.849 (1) (e) of the statutes, provided to individuals who die on October 1, 2013.
151,30
Section
30.
Effective dates. This act takes effect on the day after publication, except as follows:
(1) The treatment of sections 701.0303 (8) (intro.), 701.0808 (7) (title), 701.1101, and 701.1205 (2) of the statutes takes effect on July 1, 2014.
(2) The treatment of section 341.10 (6) of the statutes takes effect on March 1, 2014, or on the day after publication, whichever is later.