AB163,94,1010 chapter 203
AB163,94,1111 business development
AB163,374 12Section 374. 203.01 of the statutes is created to read:
AB163,94,13 13203.01 Definitions. In this chapter:
AB163,94,15 14(1) "Department" means the department of financial institutions and
15professional standards.
AB163,94,17 16(2) "Secretary" means the secretary of financial institutions and professional
17standards.
AB163,375 18Section 375. 214.01 (1) (f) of the statutes is created to read:
AB163,94,2019 214.01 (1) (f) "Department" means the department of financial institutions and
20professional standards.
AB163,376 21Section 376. 214.01 (1) (im) of the statutes is repealed.
AB163,377 22Section 377. 214.04 (21) (b) of the statutes is amended to read:
AB163,95,1323 214.04 (21) (b) The rules of the division department shall provide that any
24remote service unit shall be available for use, on a nondiscriminatory basis, by any
25state or federal savings bank which has its principal place of business in this state,

1by any other state or federal savings bank obtaining the consent of a state or federal
2savings bank that has its principal place of business in this state and is using the
3terminal and by all customers designated by a savings bank using the unit. This
4paragraph does not authorize a savings bank which has its principal place of
5business outside this state to conduct business as a savings bank in this state. A
6remote service unit shall be available for use, on a nondiscriminatory basis, by any
7credit union, state or national bank or state or federal savings and loan association,
8whose home office is located in this state, if the credit union, bank or savings and loan
9association requests to share its use, subject to joint rules established by the division
10of banking,
the office of credit unions and the division department. The division
11department by order may authorize the installation and operation of a remote service
12unit in a mobile facility, after notice and hearing upon the proposed service stops of
13the mobile facility.
AB163,378 14Section 378. 214.48 (4) (a) of the statutes is amended to read:
AB163,95,2015 214.48 (4) (a) An independent qualified appraiser, designated by the board of
16directors, who is properly licensed and certified by the department of safety and
17professional services
or by another entity authorized to govern appraisal licensure
18and certification and who meets the requirements of title XI of the financial
19institutions reform, recovery and enforcement act of 1989, 12 USC 3331 to 3351 and
20regulations adopted pursuant to those sections.
AB163,379 21Section 379. 214.715 (2) of the statutes is amended to read:
AB163,95,2522 214.715 (2) Employees of the division department may not be subject to any
23civil liability or penalty, or to any criminal prosecution, for any error in judgment or
24discretion made in good faith and upon reasonable grounds in any action taken or
25omitted under this chapter by the employee in an official capacity.
AB163,380
1Section 380. 214.72 (1) (am) of the statutes is repealed.
AB163,381 2Section 381. 214.72 (1) (b) of the statutes is amended to read:
AB163,96,73 214.72 (1) (b) "Financial regulator" means the department secretary and
4deputy secretary, and an administrator having duties related to financial
5institutions
, a supervisor of data processing, legal counsel, and a financial
6institution examiner employed by the department and includes any member of a
7financial regulator's immediate family, as defined in s. 19.42 (7).
AB163,382 8Section 382. 214.725 (5) of the statutes is amended to read:
AB163,96,119 214.725 (5) Employees of the division department or other designated agents
10may administer oaths and examine and take and preserve testimony under oath as
11to anything in the affairs or ownership of the savings bank or the entity examined.
AB163,383 12Section 383. 214.78 (3) of the statutes is amended to read:
AB163,96,1813 214.78 (3) A person who subpoenaes a witness shall advance the fees and
14mileage of the witness. Witness fees shall be the same as fees under s. 814.67 (1) (b)
15and (c). The fees of witnesses who are called by the review board in the interests of
16the state shall be paid by the state upon presentation of proper vouchers approved
17by the chairperson of the review board and charged to the appropriation under s.
1820.144 (1) 20.142 (2) (g).
AB163,384 19Section 384. 215.01 (6) of the statutes is repealed.
AB163,385 20Section 385. 215.01 (6f) of the statutes is created to read:
AB163,96,2221 215.01 (6f) "Department" means the department of financial institutions and
22professional standards.
AB163,386 23Section 386. 215.02 (4) of the statutes is amended to read:
AB163,97,324 215.02 (4) Immunity. Employees of the division department shall not be subject
25to any civil liability or penalty, nor to any criminal prosecution, for any error in

1judgment or discretion made in good faith and upon reasonable grounds in any action
2taken or omitted under this chapter by the employee in the employee's official
3capacity.
AB163,387 4Section 387. 215.04 (1) (b) of the statutes is amended to read:
AB163,97,65 215.04 (1) (b) Review the acts, orders, and determinations of the division
6department under this chapter.
AB163,388 7Section 388. 215.04 (3) of the statutes is amended to read:
AB163,97,138 215.04 (3) Witness fees. A person who causes a witness to be subpoenaed shall
9advance the fees and mileage expense of the witness. Witness fees shall be the same
10as fees under s. 814.67 (1) (b) and (c). The fees of witnesses who are called by the
11review board in the interests of the state shall be paid by the state upon presentation
12of proper vouchers approved by the chairperson of the review board and charged to
13the appropriation under s. 20.144 (1) 20.142 (2) (g).
AB163,389 14Section 389. 217.02 (2k) of the statutes is created to read:
AB163,97,1615 217.02 (2k) "Department" means the department of financial institutions and
16professional standards.
AB163,390 17Section 390. 217.02 (2m) of the statutes is repealed.
AB163,391 18Section 391. 218.02 (1) (d) of the statutes is repealed.
AB163,392 19Section 392. 218.02 (1) (dm) of the statutes is created to read:
AB163,97,2120 218.02 (1) (dm) "Department" means the department of financial institutions
21and professional standards.
AB163,393 22Section 393. 218.04 (1) (bm) of the statutes is created to read:
AB163,97,2423 218.04 (1) (bm) "Department" means the department of financial institutions
24and professional standards.
AB163,394 25Section 394. 218.04 (1) (c) of the statutes is repealed.
AB163,395
1Section 395. 218.05 (1) (cm) of the statutes is created to read:
AB163,98,32 218.05 (1) (cm) "Department" means the department of financial institutions
3and professional standards.
AB163,396 4Section 396. 218.05 (1) (d) of the statutes is repealed.
AB163,397 5Section 397. 220.01 (1m) of the statutes is repealed.
AB163,398 6Section 398. 221.0303 (2) of the statutes is amended to read:
AB163,98,237 221.0303 (2) Operation and acquisition of customer bank communications
8terminals.
A bank may, directly or indirectly, acquire, place, and operate, or
9participate in the acquisition, placement, and operation of, at locations other than
10its main or branch offices, customer bank communications terminals, in accordance
11with rules established by the division department. The rules of the division
12department shall provide that any such customer bank communications terminal
13shall be available for use, on a nondiscriminatory basis, by any state or national bank
14and by all customers designated by a bank using the terminal. This subsection does
15not authorize a bank which has its principal place of business outside this state to
16conduct banking business in this state. The customer bank communications
17terminals also shall be available for use, on a nondiscriminatory basis, by any credit
18union, savings and loan association, or savings bank, if the credit union, savings and
19loan association, or savings bank requests to share its use, subject to rules jointly
20established by the division of banking department and the office of credit unions.
21The division department by order may authorize the installation and operation of a
22customer bank communications terminal in a mobile facility, after notice and
23hearing upon the proposed service stops of the mobile facility.
AB163,399 24Section 399. 221.0802 of the statutes is amended to read:
AB163,99,14
1221.0802 Banks may be placed in hands of division department. A bank
2doing business under this chapter may place its affairs and assets under the control
3of the division department by posting a notice on its front door, as follows: "This bank
4is in the hands of the Division of Banking of the Department of Financial Institutions
5and Professional Standards". Immediately upon posting such notice, the bank shall
6notify the division department of this action. The posting of the notice, or the taking
7possession of a bank by the division department, places the bank's assets and
8property in the possession of the division department, and bars any attachment
9proceedings. For each day the division department is placed in possession of the
10bank, and until such time as a special deputy is appointed under s. 220.08 (4), the
11bank shall pay to the division department the actual cost of such liquidation
12proceedings. The division department shall pay the amounts to the state treasurer
13and the percentage specified in s. 20.144 (1) 20.142 (2) (g) shall be credited to the
14appropriation account under s. 20.144 (1) 20.142 (2) (g).
AB163,400 15Section 400. 222.0102 (3) of the statutes is repealed.
AB163,401 16Section 401. 224.71 (1e) of the statutes is repealed.
AB163,402 17Section 402. 224.90 (1) of the statutes is repealed.
AB163,403 18Section 403. 227.01 (13) (zy) of the statutes is amended to read:
AB163,99,2219 227.01 (13) (zy) Relates to any form prescribed by the division of banking in
20the department of financial institutions and professional standards in connection
21with the licensing of mortgage bankers or mortgage brokers under s. 224.72 or the
22licensing of mortgage loan originators under s. 224.725.
AB163,404 23Section 404. 227.52 (3) of the statutes is amended to read:
AB163,99,2524 227.52 (3) Those decisions of the division of banking department of financial
25institutions and professional standards
that are subject to review, prior to any

1judicial review, by the banking review board, and decisions of the division of banking
2department of financial institutions and professional standards relating to savings
3banks or savings and loan associations, but no other institutions subject to the
4jurisdiction of the division of banking
.
AB163,405 5Section 405. 227.59 of the statutes is amended to read:
AB163,100,23 6227.59 Certification of certain cases from the circuit court of Dane
7County to other circuits.
Any action or proceeding for the review of any order of
8an administrative officer, commission, department, or other administrative tribunal
9of the state required by law to be instituted in or taken to the circuit court of Dane
10County, except an action or appeal for the review of any order of the department of
11workforce development or the department of safety and professional services
12financial institutions and professional standards under chs. 101, 107, 145, 157, 167,
13or 440 to 480
or findings and orders of the labor and industry review commission,
14which is instituted or taken and is not called for trial or hearing within 6 months after
15the proceeding or action is instituted, and the trial or hearing of which is not
16continued by stipulation of the parties or by order of the court for cause shown, shall
17on the application of either party on 5 days' written notice to the other be certified
18and transmitted for trial to the circuit court of the county of the residence or principal
19place of business of the plaintiff or petitioner, where the action or proceeding shall
20be given preference. Unless written objection is filed within the 5-day period, the
21order certifying and transmitting the proceeding shall be entered without hearing.
22The plaintiff or petitioner shall pay to the clerk of the circuit court of Dane County
23a fee of $2 for transmitting the record.
AB163,406 24Section 406. 229.46 (1) (ag) of the statutes is amended to read:
AB163,101,2
1229.46 (1) (ag) "Disabled veteran-owned business" means a business certified
2by the department of administration under s. 16.283 203.03 (3).
AB163,407 3Section 407. 229.46 (1) (b) of the statutes is amended to read:
AB163,101,54 229.46 (1) (b) "Minority group member" has the meaning given in s. 16.287
5203.07 (1) (f).
AB163,408 6Section 408. 229.70 (1) (ag) of the statutes is amended to read:
AB163,101,87 229.70 (1) (ag) "Disabled veteran-owned business" means a business certified
8by the department of administration under s. 16.283 203.03 (3).
AB163,409 9Section 409. 229.70 (1) (am) of the statutes is amended to read:
AB163,101,1110 229.70 (1) (am) "Minority business" has the meaning given in s. 16.287 203.07
11(1) (e).
AB163,410 12Section 410. 229.70 (1) (b) of the statutes is amended to read:
AB163,101,1413 229.70 (1) (b) "Minority group member" has the meaning given in s. 16.287
14203.07 (1) (f).
AB163,411 15Section 411. 229.8273 (1) (am) of the statutes is amended to read:
AB163,101,1716 229.8273 (1) (am) "Disabled veteran-owned business" means a business
17certified by the department of administration under s. 16.283 203.03 (3).
AB163,412 18Section 412. 229.8273 (1) (b) of the statutes is amended to read:
AB163,101,2019 229.8273 (1) (b) "Minority business" has the meaning given in s. 16.287 203.07
20(1) (e).
AB163,413 21Section 413. 229.8273 (1) (c) of the statutes is amended to read:
AB163,101,2322 229.8273 (1) (c) "Minority group member" has the meaning given in s. 16.287
23203.07 (1) (f).
AB163,414 24Section 414. 229.845 (1) (ag) of the statutes is amended to read:
AB163,102,2
1229.845 (1) (ag) "Disabled veteran-owned business" means a business certified
2by the department of administration under s. 16.283 203.03 (3).
AB163,415 3Section 415. 229.845 (1) (am) of the statutes is amended to read:
AB163,102,54 229.845 (1) (am) "Minority business" has the meaning given in s. 16.287 203.07
5(1) (e).
AB163,416 6Section 416. 230.08 (2) (e) 4f. of the statutes is repealed.
AB163,417 7Section 417. 230.08 (2) (e) 4g. of the statutes is created to read:
AB163,102,88 230.08 (2) (e) 4g. Financial institutions and professional standards - 21.
AB163,418 9Section 418. 230.08 (2) (e) 11m. of the statutes is repealed.
AB163,419 10Section 419. 230.08 (2) (v) of the statutes is repealed.
AB163,420 11Section 420. 230.08 (2) (yb) of the statutes is amended to read:
AB163,102,1412 230.08 (2) (yb) The director and the deputy director of, and legal counsel to, the
13office of business development in the department of administration financial
14institutions and professional standards
.
AB163,421 15Section 421. 230.339 of the statutes is repealed.
AB163,422 16Section 422. 231.27 (1) of the statutes is amended to read:
AB163,102,2017 231.27 (1) In this section, "minority business", "minority financial adviser" and
18"minority investment firm" mean a business, financial adviser and investment firm,
19respectively, certified by the department of administration under s. 16.287 203.07
20(2).
AB163,423 21Section 423. 231.29 (1) of the statutes is amended to read:
AB163,102,2422 231.29 (1) In this section, "business," "financial adviser," and "investment firm"
23mean a business, financial adviser, and investment firm certified by the department
24of administration
under s. 16.283 203.03 (3).
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