429.103 – Construction against implied repeal.
429.103 Construction against implied repeal. This chapter being a general act intended as a unified coverage of its subject matter, no part of this chapter shall be construed to be impliedly repealed by subsequent legislation if such construction can reasonably be avoided. History: 1995 a. 329.
429.104 – Definitions.
429.104 Definitions. In this chapter: (1) “Adjusted capitalized cost” means the amount computed by subtracting from capitalized cost any capitalized cost reduction, for the purpose of determining the base periodic payment. (2) “Average periodic depreciation” means the adjusted capitalized cost, after first subtracting the residual value, divided by the number of payment periods under the […]
428.2095 – Property exempt from debt collection.
428.2095 Property exempt from debt collection. Except to the extent that the lender has a valid security interest permitted under this subchapter or has a lien under ch. 779 in the property, all of the following personal property of the customer is exempt from levy, execution, sale, and other similar process in satisfaction of a […]
428.210 – Administration and penalties.
428.210 Administration and penalties. (1) Rules. The department may promulgate rules for the administration of this subchapter. The rules shall include guidelines for determining a customer’s ability to repay a covered loan based upon the customer’s debt-to-income ratio. (2) Investigations. (a) At any time that the department has reason to believe that a person has […]
428.211 – Exemption for depository institutions.
428.211 Exemption for depository institutions. This subchapter does not apply to any state chartered or federally chartered bank, trust company, savings and loan association, savings bank, or credit union, or to any subsidiary of such a bank, trust company, savings and loan association, savings bank, or credit union. History: 2003 a. 257; 2011 a. 32.
429.101 – Title.
429.101 Title. This chapter may be cited as the Wisconsin motor vehicle consumer lease act. History: 1995 a. 329.
429.102 – Applicable law.
429.102 Applicable law. (1) To the extent that ss. 218.0101 to 218.0163 and chs. 411 and 421 to 427 are inconsistent with this chapter, the provisions of this chapter shall apply. (2) Unless superseded by the particular provisions of this chapter, parties to a motor vehicle consumer lease have all of the obligations, duties, rights […]
428.204 – False statements.
428.204 False statements. No lender, licensed lender, mortgage loan originator, mortgage banker, or mortgage broker may knowingly make, propose, or solicit fraudulent, false, or misleading statements on any document relating to a covered loan. History: 2003 a. 257; 2009 a. 2.
428.206 – Recommending default.
428.206 Recommending default. No lender, licensed lender, mortgage loan originator, mortgage banker, or mortgage broker may recommend or encourage an individual to default on an existing loan or other obligation before and in connection with the making of a covered loan that refinances all or any portion of that existing loan or obligation. History: 2003 […]
428.207 – Prepayment.
428.207 Prepayment. (1) A customer may prepay a covered loan at any time without penalty if the payment is made in the context of a refinancing of the covered loan and if the covered loan is held by the refinancing lender. This subsection does not prohibit the servicer of a covered loan from imposing a […]