Note: See the next section of this bill.
AB925, s. 83 3Section 83. 425.208 (1) (d) of the statutes is renumbered 425.208 (1) (d) 1. and
4amended to read:
AB925,40,75 425.208 (1) (d) 1. A performance deposit, in the amount of 3 scheduled
6instalments (, or minimum payments in the case of an open-end credit plan), or
7one-third
.
AB925,40,9 82. One-third of the total obligation remaining unpaid with respect to the
9consumer credit transaction, whichever is less.
Note: Subdivides provision to eliminate parentheses and improve readability. An
(intro.) paragraph is created by the previous section of this bill to accommodate the
changes made by this section.
AB925, s. 84 10Section 84. 426.108 (intro.) and (1) to (8) of the statutes are amended to read:
AB925,40,16 11426.108 Unconscionable conduct. (intro.) The administrator shall
12promulgate rules declaring specific conduct in consumer credit transactions and the
13collection of debts arising therefrom from consumer credit transactions to be
14unconscionable and prohibiting the use thereof of those unconscionable acts. In
15promulgating such rules under this section, the administrator shall consider, among
16other things, all of the following:
AB925,40,18 17(1) That the practice unfairly takes advantage of the lack of knowledge, ability,
18experience, or capacity of customers;.
AB925,40,20 19(2) That those engaging in the practice know of the inability of customers to
20receive benefits properly anticipated from the goods or services involved;.
AB925,41,3
1(3) That there exists a gross disparity between the price of goods or services and
2their value as measured by the price at which similar goods or services are readily
3obtainable by other customers, or by other tests of true value;.
AB925,41,7 4(4) The fact that That the practice may enable merchants to take advantage
5of the inability of customers reasonably to protect their interests by reason of
6physical or mental infirmities, illiteracy or inability to understand the language of
7the agreement, ignorance or lack of education or similar factors;.
AB925,41,8 8(5) That the terms of the transaction require customers to waive legal rights;.
AB925,41,11 9(6) That the terms of the transaction require customers to unreasonably
10jeopardize money or property beyond the money or property immediately at issue in
11the transaction;.
AB925,41,14 12(7) That the natural effect of the practice is to cause or aid in causing customers
13to misunderstand the true nature of the transaction or their rights and duties
14thereunder under the transaction.
AB925,41,17 15(8) That the writing purporting to evidence the obligation of the customers in
16the transaction contains terms or provisions or authorizes practices prohibited by
17law; and.
Note: The section (intro.) is amended in accordance with current style for (intro.)
provisions and the subsequent subsections are amended to correspond with the amended
(intro.). Punctuation is replaced for internal consistency and conformity with current
style. Specific references are inserted.
AB925, s. 85 18Section 85. 426.110 (4) (c) of the statutes is amended to read:
AB925,41,2219 426.110 (4) (c) Except as provided in par. (e), no action for damages may be
20maintained under this section if an appropriate remedy ( , which shall include actual
21damages and may include penalties), is given, or agreed to be given within a
22reasonable time, to such party within 30 days after receipt of such notice.
Note: Replaces parentheses consistent with current style.
AB925, s. 86
1Section 86. 442.01 (1) of the statutes is renumbered 442.001 and amended to
2read:
AB925,42,4 3442.001 Definition. In this chapter, "examining board" means the accounting
4examining board.
Note: Moves definition applicable to the entire chapter to a separate definition
section consistent with current style.
AB925, s. 87 5Section 87. 442.02 (intro.) of the statutes is renumbered 442.02 (1m) (intro.)
6and amended to read:
AB925,42,97 442.02 (1m) (intro.) A person shall be deemed considered to be in practice as
8a public accountant, within the meaning and intent of this chapter if any of the
9following conditions is met
:
Note: This provision is amended in accordance with current style for (intro.)
provisions and renumbered so that subsections that do not fit grammatically or by subject
matter within the series under the (intro.) can be separated. A disfavored term is
replaced in conformity with current style. See the next section of this bill.
AB925, s. 88 10Section 88. 442.02 (1) to (5) of the statutes are renumbered 442.02 (1m) (a) to
11(e) and amended to read:
AB925,42,1512 442.02 (1m) (a) Who The person holds himself or herself out to the public in
13any manner as one skilled in the knowledge, science and practice of accounting, and
14as qualified and ready to render professional service therein as a public accountant
15for compensation; or.
AB925,42,1816 (b) Who The person maintains an office for the transaction of business as a
17public accountant, or who, except as an employe of a public accountant, practices
18accounting, as distinguished from bookkeeping, for more than one employer; or.
AB925,43,219 (c) Who The person offers to prospective clients to perform for compensation,
20or who does perform performs on behalf of clients for compensation, professional

1services that involve or require an audit of financial transactions and accounting
2records; or.
AB925,43,63 (d) Who The person prepares for clients reports of audits, balance sheets, and
4other financial, accounting and related schedules, exhibits, statements or reports
5which that are to be used for publication or for credit purposes, or are to be filed with
6a court of law or with any other governmental agency, or for any other purpose; or.
AB925,43,97 (e) Who The person, in general or as an incident to such work, renders
8professional assistance to clients for compensation in any or all matters relating to
9accounting procedure and the recording and presentation of financial facts.
AB925, s. 89 10Section 89. 442.02 (5m) (a) of the statutes is renumbered 442.02 (1m) (f) and
11amended to read:
AB925,43,1612 442.02 (1m) (f) Who The person signs or affixes his or her name or any trade
13or assumed name used by the person in his or her business or profession to an opinion
14or certificate attesting to the reliability of any representation or estimate in regard
15to any person or organization embracing financial information, financial
16transactions or accounting records.
Note: The paragraphs, renumbered by this section of the bill fit grammatically
within the series under sub. (1m) (intro.), as renumbered by this bill, while the remaining
subsections do not. These provisions are amended to accommodate the amendment of
sub. (1m) (intro.) and to conform with current style. Punctuation is replaced for internal
consistency and conformity with current style. Improperly used "which" and passive verb
are replaced in conformity with current style. See the previous and next section of this
bill.
AB925, s. 90 17Section 90. 442.02 (5m) (b) of the statutes is renumbered 442.02 (5m) and
18amended to read:
AB925,44,319 442.02 (5m) This subsection Subsection (1m) (f) does not prohibit any officer,
20employe, partner or principal of any organization from affixing his or her signature
21to any statement or report in reference to the affairs of that organization with any

1wording designating the position, title or office which that he or she holds in that
2organization. This subsection and does not prohibit any act of a public official or
3public employe in the performance of his or her duties.
Note: This provision does not fit grammatically within the series under sub. (1m)
(intro.), as renumbered by this bill, and is made a separate subsection and
cross-references are amended accordingly. Improperly used "which" is replaced in
conformity with current style. See the previous and next section of this bill.
AB925, s. 91 4Section 91. 442.02 (6) of the statutes is amended to read:
AB925,44,85 442.02 (6) Every member of a partnership, and every officer and director of a
6corporation who, in such the capacity of partner, officer or director, does any of the
7things enumerated in subs. (1) sub. (1m) (a) to (5m) (f), shall be deemed considered
8to be in practice as a public accountant.
Note: Cross-references are amended to reflect renumbering by this bill.
Disfavored terms are replaced in conformity with current style.
AB925, s. 92 9Section 92. 442.02 (7) of the statutes is renumbered 442.02 (7) (intro.) and
10amended to read:
AB925,44,1511 442.02 (7) (intro.) Nothing contained in this chapter shall prevent the
12employment by a certified public accountant, or by a public accountant, or by a firm
13or corporation, furnishing public accounting services as principal, of persons to serve
14as accountants in various capacities, as needed; provided, that such persons, if all of
15the following conditions are met:
AB925,44,18 16(a) The employes serving as accountants work under the control and
17supervision of certified public accountants, or accountants with certificates of
18authority as hereinafter provided, that such granted under s. 442.06.
AB925,44,21 19(b) Those employes serving as accountants shall not issue any statements or
20reports over their own names except such office reports to their employer as that are
21customary and that such.
AB925,45,2
1(c) The employes serving as accountants are not in any manner held out to the
2public as public accountants as described in this chapter.
Note: Provision is subdivided, disfavored terms are replaced and a specific
cross-reference is added for improved readability and conformity with current style.
AB925, s. 93 3Section 93. 442.02 (9) of the statutes is renumbered 442.02 (9) (intro.) and
4amended to read:
AB925,45,85 442.02 (9) (intro.) Nothing contained in this chapter shall apply to any persons
6who may be employed by more than one person, partnership or corporation, for the
7purpose of keeping books, making trial balances or statements, and preparing audits
8or reports, provided such if all of the following requirements are met:
AB925,45,10 9(a) The audits or reports described in this subsection are not used or issued by
10the employers as having been prepared by a public accountant and provided such.
AB925,45,12 11(b) The persons employed as described in this subsection do not do any of the
12things enumerated in sub. (5m) (a), (1m) (f) without complying with sub. (5m) (b).
Note: Provision is subdivided, disfavored terms are replaced for improved
readability and conformity with current style. Cross-references are amended to reflect
renumbering by this bill.
AB925, s. 94 13Section 94. 442.11 (intro.) and (1) to (13) of the statutes are amended to read:
AB925,45,17 14442.11 Penalties. (intro.) Any person shall be deemed guilty of a
15misdemeanor, and shall
Whoever does any of the following may, for each offense, be
16fined not more than $500 for each offense, or imprisoned in the county jail for not
17more than one year, or both:
AB925,45,20 18(1) Who shall use Uses any other term other than certified public accountant
19or the abbreviation C. P. A. to indicate that he or she is a public accountant with a
20specially granted title; or.
AB925,46,3 21(2) Who, when While practicing under an assumed name, or as a member of
22a partnership, other than one which a partnership that is registered under s. 442.07

1as composed of certified public accountants, or as an officer of a corporation,
2announces, either in writing or by printing, that the assumed name, partnership or
3corporation is practicing as a certified public accountant; or.
AB925,46,6 4(3) Who, as As a member of a partnership, announces, either in writing or by
5printing, that the partnership is practicing as "public accountants" unless the
6partnership is registered as such under s. 442.07; or .
AB925,46,9 7(4) Who, as As an officer of a corporation, permits it the corporation to practice
8as a public accountant unless it is registered with the examining board, and holds
9an unrevoked certificate of authority from the examining board; or.
AB925,46,13 10(5) Who holds Holds himself or herself out to the public as a certified public
11accountant or who assumes to practice as a certified public accountant unless he or
12she has been granted a certificate as such a certified public accountant from the
13examining board; or.
AB925,46,16 14(6) Who holds Holds himself or herself out to the public as a public accountant
15or who assumes to practice as a public accountant unless he or she has been granted
16a certificate of authority from the examining board; or.
AB925,46,18 17(7) Who shall practice Practices as a certified public accountant or as a public
18accountant after his or her certificate has been revoked; or.
AB925,46,22 19(8) Who shall as As an individual, or, as a member of a partnership or as an
20officer or director of a corporation, practice practices or permit permits the
21partnership or corporation to practice as a certified public accountant or as a public
22accountant unless a license has been secured for the current licensure period; or.
AB925,46,25 23(9) Who shall sell, buy, give Sells, buys, gives or obtain obtains an alleged
24certificate as a certified public accountant, or a certificate of authority, or a license
25in any other manner other than is that provided for by this chapter; or.
AB925,47,3
1(10) Who attempts Attempts to practice as a certified public accountant or as
2a public accountant under the guise of a certificate not granted by the examining
3board, or under cover of a certificate obtained illegally or fraudulently; or.
AB925,47,5 4(11) Who shall certify Certifies to any false or fraudulent report, certificate,
5exhibit, schedule or statement; or.
AB925,47,7 6(12) Who shall attempt Attempts by any subterfuge to evade the provisions of
7this chapter while practicing as a public accountant; or.
AB925,47,14 8(13) Who shall, as As an individual, or as a member of a partnership or as an
9officer of a corporation, permit permits to be announced by printed or written
10statement that any report, certificate, exhibit, schedule or statement has been
11prepared by or under supervision of a certified public accountant or by or under
12supervision of a public accountant when the person who prepared the same report,
13certificate, exhibit, schedule or statement
was not such a certified public accountant
14or public accountant.
Note: Amends section (intro.) in accordance with current style for (intro.)
provisions and amends the subsequent subsections accordingly. Disfavored terms are
replaced in conformity with current style. See the next section of this bill.
AB925, s. 95 15Section 95. 442.11 (14) to (16) of the statutes are renumbered 442.115 (1) to
16(3) and amended to read:
AB925,48,217 442.115 (1) If it appears upon complaint to the examining board by any person,
18or it is known to the examining board, that any person has violated this chapter, the
19examining board may investigate, subject to the rules promulgated under s. 440.03
20(1). The district attorney of the county in which violations of this chapter are known
21or alleged to have occurred shall promptly investigate complaints, from any source,
22of such violations of this chapter and prosecute if the facts so warrant. Upon request
23from the examining board, and where when the facts warrant, the appropriate

1district attorney shall promptly seek an injunction against any person who is
2violating this chapter.
AB925,48,6 3(2) Following the refusal or failure of If the district attorney fails or refuses to
4act within a time which it deems that the examining board considers reasonable, the
5examining board may request the attorney general to institute a prosecution or to
6seek an injunction for violation of this chapter.
AB925,48,13 7(3) If a person has engaged, or is about to engage, in an act or practice which
8that constitutes, or will constitute, a violation of this chapter, the examining board
9in its own right or on behalf of an individual complainant may apply to the
10appropriate court for an order enjoining the act or practice. Upon a showing by the
11examining board or the complainant that the person has engaged, or is about to
12engage, in any such act or practice in violation of this chapter, the court may grant
13an injunction, restraining order or other appropriate order without bond.
Note: The subject matter of these provisions do not correspond to, nor do they fit
grammatically within, the list of violations under s. 442.11 (intro.) and accordingly are
moved to a separate section. Disfavored terms and incorrectly used "which" are replaced
in conformity with current style.
AB925, s. 96 14Section 96. 442.115 (title) of the statutes is created to read:
AB925,48,15 15442.115 (title) Enforcement actions for violations of this chapter.
Note: See the previous section of this bill.
AB925, s. 97 16Section 97. 443.02 (4) (a) of the statutes is renumbered 443.02 (4).
Note: Eliminates unnecessary paragraph designation. Section 443.02 (4) is not
divided into multiple paragraphs.
AB925, s. 98 17Section 98. 443.04 (1) (a) and (b) of the statutes are amended to read:
AB925,49,218 443.04 (1) (a) A diploma of graduation, or a certificate, from an engineering
19school or college approved by the examining board as of satisfactory standing in an
20engineering course of not less than 4 years, together with an additional 4 years of
21experience in engineering work of a character satisfactory to the examining board

1and indicating that the applicant is competent to be placed in responsible charge of
2such engineering work; or.
AB925,49,53 (b) A specific record of 8 or more years of experience in engineering work of a
4character satisfactory to the examining board and indicating that the applicant is
5competent to be placed in responsible charge of such engineering work; or.
AB925, s. 99 6Section 99. 443.18 (1) (title) of the statutes is created to read:
AB925,49,77 443.18 (1) (title) Unauthorized practice; penalty.
Note: The treatments by this bill will result in all subsections of s. 443.18 having
titles.
AB925, s. 100 8Section 100. 443.18 (2) (a) (title) of the statutes is renumbered 443.18 (2)
9(title).
Note: Section 443.18 (2) has no title, and s. 443.18 (2) (a) and (b) each are titled
"Injunction". This renumbering applies the title to all of the subsection and with the
creation of s. 443.18 (1) (title) by the previous section of this bill results in all subsections
of s. 443.18 having titles. Paragraph (b) (title) is repealed by the next section of this bill.
AB925, s. 101 10Section 101. 443.18 (2) (b) (title) of the statutes is repealed.
Note: See the previous section of this bill.
AB925, s. 102 11Section 102. 444.17 (3) of the statutes is renumbered 444.17 (3) (a) (intro.) and
12amended to read:
AB925,49,1713 444.17 (3) (a) (intro.) This chapter does not apply to amateur boxing or sparring
14exhibitions conducted by or held under the auspices of any public recreation
15department supported by town, village, city, county, state or federal funds, in any
16intradepartmental or interdepartmental exhibitions, provided: (a) that such if all of
17the following conditions are met:
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