AB150, s. 4182 Section 4182 . 138.12 (4) (a) of the statutes, as affected by 1995 Wisconsin Act .... (this act), is amended to read:

AB150,1454,11 138.12 (4) (a) Upon the filing of an application and the payment of the required fees under par. (am) 1., the commissioner department shall make an investigation of each applicant and shall issue a license if the commissioner department finds the applicant is qualified in accordance with this section. If the commissioner department does not so find, the commissioner department shall, within 30 days after the commissioner department has received the application, notify the applicant and, at the request of the applicant, give the applicant a full hearing.

AB150, s. 4183 Section 4183. 138.12 (4) (am) of the statutes is created to read:

AB150,1454,15 138.12 (4) (am) 1. An applicant shall pay to the commissioner a nonrefundable $300 license investigation fee and a $500 annual license fee for the period ending on the next April 30.

AB150,1454,18 2. If the cost of the investigation exceeds $300, the applicant shall, upon demand of the commissioner, pay the amount by which the cost of the investigation exceeds the nonrefundable fee.

AB150, s. 4184 Section 4184. 138.12 (4) (am) of the statutes, as created by 1995 Wisconsin Act .... (this act), is amended to read:

AB150,1454,23 138.12 (4) (am) 1. An applicant shall pay to the commissioner department a nonrefundable $300 license investigation fee and a $500 annual license fee for the period ending on the next April 30.

AB150,1455,3 2. If the cost of the investigation exceeds $300, the applicant shall, upon demand of the commissioner department, pay the amount by which the cost of the investigation exceeds the nonrefundable fee.

AB150, s. 4185 Section 4185. 138.12 (4) (b) (intro.) of the statutes is amended to read:

AB150,1455,6 138.12 (4) (b) (intro.) The commissioner department shall issue or renew a license when the commissioner department is satisfied that the person to be licensed:

AB150, s. 4186 Section 4186. 138.12 (5) (b) of the statutes is amended to read:

AB150,1455,20 138.12 (5) (b) Before the commissioner department revokes, suspends or refuses to renew the license of any premium finance company, the commissioner department shall give the company an opportunity to be fully heard and to introduce evidence in the company's behalf. In lieu of revoking or suspending the license for any of the causes enumerated in this subsection, after hearing, the commissioner department may subject the premium finance company to a penalty of not more than $200 for each offense when in the commissioner's department's judgment the commissioner department finds that the public interest would not be harmed by the continued operation of such company. The amount of any penalty under this paragraph shall be paid by the company to the commissioner department for the use of the state. At any hearing under this subsection, the commissioner department may administer oaths to witnesses. Anyone testifying falsely, after having been administered the oath, shall be subject to the penalty of perjury.

AB150, s. 4187 Section 4187. 138.12 (5) (c) of the statutes is amended to read:

AB150,1455,23 138.12 (5) (c) Any action of the commissioner department in refusing to issue or renew a license shall be subject to review under subch. III of ch. 227.

AB150, s. 4188 Section 4188. 138.12 (6) (a) of the statutes is amended to read:

AB150,1456,9 138.12 (6) (a) Every licensee shall maintain records of its premium finance transactions and the records shall be open to an examination and investigation by the commissioner department. The commissioner department may make an examination of the books, records and accounts of any licensee as the commissioner department deems necessary. The commissioner department shall determine the cost of an examination and that cost shall be assessed against and paid by the licensee so examined. The commissioner department may, at any time, require any licensee to bring such records as the commissioner department directs to the commissioner's office department for examination.

AB150, s. 4189 Section 4189. 138.12 (7) of the statutes is amended to read:

AB150,1456,13 138.12 (7) Rules and regulations. The commissioner department may make and enforce such reasonable rules as are necessary to carry out this section, but such rules shall not be contrary to nor inconsistent with this section.

AB150, s. 4190 Section 4190. 139.05 (7) (b) of the statutes is amended to read:

AB150,1457,3 139.05 (7) (b) Such license shall be issued by the secretary for the period of one year and must be renewed annually or, if the department promulgates a rule, for a term prescribed by the secretary by that rule. The application for such license shall be verified and shall contain an agreement on the part of the brewer that the brewer shall observe all laws of this state relating to fermented malt beverages, and such other information and statements as the secretary may require. Any such brewer who has, directly or indirectly, violated any law of this state relating to fermented malt beverages shall not be entitled to such a license. No fee shall be required for any such license The secretary, by rule, may prescribe the fee for obtaining, and the fee for renewing, the license under this section. The secretary may require the applicant to furnish and file a bond to be approved by the secretary payable to the state in an amount not less than $1,000 nor more than $5,000 conditioned upon the faithful compliance by the applicant with the undertakings set forth in the application for the license.

AB150, s. 4191 Section 4191. 139.34 (2) of the statutes is repealed and recreated to read:

AB150,1457,6 139.34 (2) The department, by rule, may prescribe the term for which permits under this section are valid.

AB150, s. 4192 Section 4192. 139.34 (3) of the statutes is repealed and recreated to read:

AB150,1457,9 139.34 (3) The department, by rule, may prescribe the fee for obtaining, and the fee for renewing, the permit under this section.

AB150, s. 4193 Section 4193. 139.34 (9) of the statutes is amended to read:

AB150,1457,25 139.34 (9) The applicant for a permit, if a nonresident, foreign corporation or foreign limited liability company, shall file proof that the applicant has appointed the secretary of state department of revenue as agent for the service of process on any matter arising under ss. 139.30 to 139.44. A foreign corporation without a place of business in this state need not obtain a certificate of authority under ss. 180.1501 to 180.1505. If a foreign corporation has a certificate of authority under ss. 180.1501 to 180.1505, the foreign corporation satisfies this subsection by filing the address of its registered office in this state and the name of its registered agent at that office and by promptly filing any changes to this information. A foreign limited liability company without a place of business in this state need not obtain a certificate of registration under ss. 183.1002 to 183.1007. If a foreign limited liability company has a certificate of registration under ss. 183.1002 to 183.1007, the foreign limited liability company satisfies this subsection by filing the address of its registered office in this state and the name of its registered agent at that office and by promptly filing any changes to this information.

AB150, s. 4194 Section 4194. 139.37 (1) (a) of the statutes is amended to read: