Analysis by the Legislative Reference Bureau
This bill, drafted pursuant to s. 13.93 (2) (j), restructures the statutes dealing
with motor vehicle dealers, salespersons and sales finance companies to divide these
statutes into more workable sections. Language is modified to increase conformity
with current drafting style. No substantive changes are intended. A table showing
the relationship between the new statutory numbering and the old statutory
numbering follows: - See PDF for table PDF
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB969, s. 1 1Section 1. 73.03 (37) of the statutes is amended to read:
AB969,13,32 73.03 (37) To make refunds in connection with motor vehicles returned to the
3manufacturers by a consumer, as provided under s. 218.015 218.0171 (2) (e) and (f).
AB969, s. 2 4Section 2. 77.53 (1m) (intro.) of the statutes is amended to read:
AB969,13,85 77.53 (1m) (intro.) For motor vehicles that are used for a purpose in addition
6to retention, demonstration or display while held for sale in the regular course of
7business by a dealer who is licensed under s. 218.01 ss. 218.0101 to 218.0163, the
8base for the tax imposed under sub. (1) is the following:
AB969, s. 3 9Section 3. 100.45 (1) (ag) of the statutes is amended to read:
AB969,13,1110 100.45 (1) (ag) "Distributor" has the meaning given in s. 218.01 (1) (e) 218.0101
11(6)
.
AB969, s. 4 12Section 4. 100.45 (1) (ar) of the statutes is amended to read:
AB969,14,5
1100.45 (1) (ar) "Manufacturer" has the meaning given in s. 218.01 (1) (L)
2218.0101 (20), except that, if more than one person satisfies the definition in s. 218.01
3(1) (L)
218.0101 (20) with respect to a motor vehicle, "manufacturer" means the
4person who installs the mobile air conditioner that is in the motor vehicle when the
5motor vehicle is distributed for sale in this state.
AB969, s. 5 6Section 5. 135.07 (1) of the statutes is amended to read:
AB969,14,97 135.07 (1) To a dealership to which a motor vehicle dealer or motor vehicle
8distributor or wholesaler as defined in s. 218.01 (1) 218.0101 is a party in such
9capacity.
AB969, s. 6 10Section 6. 138.04 of the statutes is amended to read:
AB969,14,16 11138.04 Legal rate. The rate of interest upon the loan or forbearance of any
12money, goods or things in action shall be $5 upon the $100 for one year and according
13to that rate for a greater or less sum or for a longer or a shorter time; but parties may
14contract for the payment and receipt of a rate of interest not exceeding the rate
15allowed in ss. 138.041 to 138.056, 138.09 to 138.12, 218.01 218.0101 to 218.0163, or
16422.201, in which case such rate shall be clearly expressed in writing.
AB969, s. 7 17Section 7. 138.051 (8) of the statutes is amended to read:
AB969,14,1918 138.051 (8) The contract rate is not subject to rate limitations imposed under
19this chapter or s. 218.01 ss. 218.0101 to 218.0163 or under s. 422.201.
AB969, s. 8 20Section 8. 138.052 (11) of the statutes is amended to read:
AB969,14,2221 138.052 (11) The contract rate is not subject to rate limitations imposed under
22this chapter or s. 218.01 ss. 218.0101 to 218.0163 or under s. 422.201.
AB969, s. 9 23Section 9. 138.09 (3) (e) 1. c. of the statutes, as affected by 1997 Wisconsin Act
2427
, is amended to read:
AB969,15,2
1138.09 (3) (e) 1. c. A loan, finance or discount business under s. 218.01 ss.
2218.0101 to 218.0163
.
AB969, s. 10 3Section 10. 218.01 (title) of the statutes is repealed.
Note: The title of s. 218.01 is repealed to reflect the division of s. 218.01 into a
number of different sections.
AB969, s. 11 4Section 11. 218.01 (1) (intro.) of the statutes is renumbered 218.0101 (intro.)
5and amended to read:
AB969,15,8 6218.0101 Definitions. (intro.) In this section ss. 218.0101 to 218.0163, unless
7the context requires otherwise requires, the following words and terms shall have
8the following meanings
:
AB969, s. 12 9Section 12. 218.01 (1) (a) of the statutes is renumbered 218.0101 (1).
AB969, s. 13 10Section 13. 218.01 (1) (b) of the statutes is renumbered 218.0101 (3) and
11amended to read:
AB969,15,1412 218.0101 (3) "Cash price" means the retail seller's price in dollars for the sale
13of the goods, and the transfer of unqualified title thereto to those goods, upon
14payment of such the retail seller's price in cash or the a cash equivalent thereof.
AB969, s. 14 15Section 14. 218.01 (1) (ct) of the statutes is renumbered 218.0101 (4).
AB969, s. 15 16Section 15. 218.01 (1) (df) of the statutes is renumbered 218.0101 (5).
AB969, s. 16 17Section 16. 218.01 (1) (e) of the statutes is renumbered 218.0101 (6).
AB969, s. 17 18Section 17. 218.01 (1) (f) of the statutes is renumbered 218.0101 (7).
AB969, s. 18 19Section 18. 218.01 (1) (g) of the statutes is renumbered 218.0101 (8).
AB969, s. 19 20Section 19. 218.01 (1) (gm) of the statutes is renumbered 218.0101 (9).
AB969, s. 20 21Section 20. 218.01 (1) (h) of the statutes is renumbered 218.0101 (10).
AB969, s. 21 22Section 21. 218.01 (1) (i) of the statutes is renumbered 218.0101 (11).
AB969, s. 22 23Section 22. 218.01 (1) (j) of the statutes is renumbered 218.0101 (12).
AB969, s. 23
1Section 23. 218.01 (1) (je) of the statutes is renumbered 218.0101 (13).
AB969, s. 24 2Section 24. 218.01 (1) (jf) of the statutes, as affected by 1997 Wisconsin Act
348
, is renumbered 218.0101 (2).
AB969, s. 25 4Section 25. 218.01 (1) (jg) of the statutes is renumbered 218.0101 (14).
AB969, s. 26 5Section 26. 218.01 (1) (ji) of the statutes is renumbered 218.0101 (15).
AB969, s. 27 6Section 27. 218.01 (1) (jj) of the statutes is renumbered 218.0101 (16).
AB969, s. 28 7Section 28. 218.01 (1) (jk) of the statutes is renumbered 218.0101 (17).
AB969, s. 29 8Section 29. 218.01 (1) (jm) of the statutes is renumbered 218.0101 (18) and
9amended to read:
AB969,16,1310 218.0101 (18) "License period" means the period during which a particular
11type of license described in sub. (2) (d) s. 218.0114 (14) is effective, as established by
12the department of transportation or division of banking under sub. (2) (cm) 2. or 4.
13s. 218.0114 (13) (b) or (d).
AB969, s. 30 14Section 30. 218.01 (1) (k) of the statutes is renumbered 218.0101 (19) and
15amended to read:
AB969,16,1816 218.0101 (19) "Licensor" means the body, either the division of banking or the
17department of transportation or both, issuing a license hereunder under ss. 218.0101
18to 218.0163
.
AB969, s. 31 19Section 31. 218.01 (1) (L) of the statutes is renumbered 218.0101 (20) (intro.)
20and amended to read:
AB969,16,2221 218.0101 (20) (intro.) "Manufacturer" means any person, resident or
22nonresident, who manufactures does any of the following:
AB969,16,23 23(a) Manufactures or assembles motor vehicles or who manufactures.
AB969,17,2 24(b) Manufactures or installs on previously assembled truck chassis, special
25bodies or equipment which when installed form an integral part of the motor vehicle

1and which constitutes a major manufacturing alteration and which completed unit
2is owned by such the manufacturer.
AB969, s. 32 3Section 32. 218.01 (1) (Lm) of the statutes is renumbered 218.0101 (21).
AB969, s. 33 4Section 33. 218.01 (1) (m) of the statutes is renumbered 218.0101 (22).
AB969, s. 34 5Section 34. 218.01 (1) (n) of the statutes is renumbered 218.0101 (23) (a), and
6218.0101 (23) (a) (intro.) and 2., as renumbered, are amended to read:
AB969,17,87 218.0101 (23) (a) (intro.) "Motor vehicle dealer" means any person, firm or
8corporation, not excluded by par. (o) (b) who:
AB969,17,119 2. Is engaged wholly or in part in the business of selling or leasing motor
10vehicles, including motorcycles, whether or not such the motor vehicles are owned
11by such that person, firm or corporation.
AB969, s. 35 12Section 35. 218.01 (1) (o) (intro.) and 1. to 4. of the statutes are renumbered
13218.0101 (23) (b) (intro.) and 1. to 4., and 218.0101 (23) (b) 1. to 4., as renumbered,
14are amended to read:
AB969,17,1615 218.0101 (23) (b) 1. Receivers, trustees, administrators, executors, guardians
16or other persons appointed by or acting under the judgment or order of any court; or.
AB969,17,1717 2. Public officers while performing their official duties; or.
AB969,17,2018 3. Employes of persons, corporations or associations enumerated in subds. 1.
19and 2., when engaged in the specific performance of their duties as such employes
20of the enumerated persons, corporations or associations.
AB969,17,2421 4. Sales finance companies or other loan agencies who sell or offer for sale motor
22vehicles repossessed or foreclosed on by them those sales finance companies or other
23loan agencies
under terms of an instalment contract, or motor vehicles taken in trade
24on such repossessions for repossessed or foreclosed motor vehicles.
AB969, s. 36
1Section 36. 218.01 (1) (o) 5. of the statutes, as affected by 1997 Wisconsin Act
248
, is renumbered 218.0101 (23) (b) 5.
AB969, s. 37 3Section 37. 218.01 (1) (p) of the statutes is renumbered 218.0101 (24) and
4amended to read:
AB969,18,95 218.0101 (24) "Motor vehicle salesperson" means sales representative, sales
6manager, general manager or other person who is employed by a motor vehicle dealer
7for the purpose of selling or approving retail sales, or leasing or approving consumer
8leases, of motor vehicles. Any motor vehicle salesperson licensed hereunder shall be
9licensed to sell or lease only for only one dealer at a time.
AB969, s. 38 10Section 38. 218.01 (1) (pt) of the statutes is renumbered 218.0101 (25).
AB969, s. 39 11Section 39. 218.01 (1) (q) of the statutes is renumbered 218.0101 (26).
AB969, s. 40 12Section 40. 218.01 (1) (qm) of the statutes is renumbered 218.0101 (27).
AB969, s. 41 13Section 41. 218.01 (1) (qr) of the statutes is renumbered 218.0101 (28).
AB969, s. 42 14Section 42. 218.01 (1) (qt) of the statutes is renumbered 218.0101 (29).
AB969, s. 43 15Section 43. 218.01 (1) (r) of the statutes is renumbered 218.0101 (30).
AB969, s. 44 16Section 44. 218.01 (1) (s) of the statutes is renumbered 218.0101 (31).
AB969, s. 45 17Section 45. 218.01 (1) (t) of the statutes is renumbered 218.0101 (32) and
18amended to read:
AB969,18,2419 218.0101 (32) "Retail instalment contract" or "instalment contract" means and
20includes every contract to sell one or more motor vehicles at retail, in which the price
21thereof of the motor vehicles is payable in one or more instalments over a period of
22time and in which the seller has either retained title to the goods or has taken or
23retained a security interest in the goods under a form of contract designated either
24as a conditional sale, chattel mortgage or otherwise.
AB969, s. 46
1Section 46. 218.01 (1) (u) of the statutes is renumbered 218.0101 (33) and
2amended to read:
AB969,19,53 218.0101 (33) "Retail seller" means a person, firm or corporation selling or
4agreeing to sell one or more motor vehicles under a retail instalment contract to a
5buyer for the latter's buyer's personal use or consumption thereof.
AB969, s. 47 6Section 47. 218.01 (1) (v) of the statutes is renumbered 218.0101 (34) (a) and
7amended to read:
AB969,19,138 218.0101 (34) (a) "Sales finance company" means and includes any person, firm
9or corporation engaging in the business, in whole or in part, of acquiring by purchase
10or by loan on the security thereof, or otherwise, retail instalment contracts or
11consumer leases from retail sellers or lessors in this state, including or of making
12loans to retail sellers or lessors in this state secured by the sellers' or lessors' retail
13instalment contracts or consumer leases,
AB969,19,16 14(b) "Sales finance company" includes any motor vehicle dealer who sells or
15leases any motor vehicle on an instalment contract or consumer lease or acquires any
16retail instalment contracts in the dealer's retail sales or leases of motor vehicles.
AB969, s. 48 17Section 48. 218.01 (1) (w) of the statutes is renumbered 218.0101 (35).
AB969, s. 49 18Section 49. 218.01 (1) (x) of the statutes is renumbered 218.0101 (36).
AB969, s. 50 19Section 50. 218.01 (1) (xm) of the statutes is renumbered 218.0101 (37).
AB969, s. 51 20Section 51. 218.01 (1a) (title) of the statutes is renumbered 218.0111 (title).
AB969, s. 52 21Section 52. 218.01 (1a) of the statutes is renumbered 218.0111 (1) (intro.) and
22amended to read:
AB969,20,223 218.0111 (1) (intro.) The department of transportation shall issue the licenses
24provided for in sub. (2) (d) 1. to 6. s. 218.0114 (14) (a) to (f) and have supervision over
25the licensees thereunder in respect to all of the provisions of this section ss. 218.0101

1to 218.0163
, except only as to such matters as that the division of banking shall have
2jurisdiction and control over all of the following:
AB969,20,5 3(a) Matters that relate to the sale of motor vehicles on retail instalment
4contracts and the financing and servicing of such those retail instalment contracts
5and as to such matters as.
AB969,20,9 6(b) Matters that relate to prelease agreements under sub. (6x) s. 218.0144 and
7consumer leases under chs. 421 to 427 and 429, over which matter the division of
8banking shall have jurisdiction and control, and the division of banking shall issue
9the
.
AB969,20,10 10(c) The issuance of licenses to sales finance companies.
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