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Can you summarize WIAC DFI-Bkg Chapter 10?
Department of Financial Institutions-Banking > Procedure Before The Banking Review Board
Short Summary
The provided legal document outlines the procedure for filing a Notice of Appeal with the administrator of the division of banking in the department of financial institutions. It applies to interested persons who are aggrieved by an act, order, or determination of the administrator under chapters 220, 221, and 223 of the Wisconsin Statutes. The document specifies the required form and provides space to set forth the substance of the order, the nature of the petitioner’s interest, and the grounds of appeal. It also references other rules and procedures for proceedings and hearings before the administrator of the division of banking. The document further explains that upon the filing of the notice, the administrator will fix a time for a hearing and provide written notice to the person applying for review, their attorney, and any other person who participated in the proceedings before the administrator or their attorney. The document also mentions that notice of hearing may be given by registered mail and provides the address for mailing papers required to be filed with the board. Additionally, the document outlines the procedure for hearings before the Banking Review Board, including the granting of continuances and adjournments, the appearance of appellants and other interested persons, the swearing in of witnesses, and the conduct of proceedings as prescribed in ch. 227 of the Wisconsin Statutes. It also mentions the board’s subpoena powers and the possibility of prehearing conferences. The document states that arguments shall be submitted in writing and provides instructions for filing written arguments. Finally, it mentions that the institution of proceedings for review does not stay enforcement of the administrator’s decision, but the board may order a stay upon appropriate terms. The document concludes by stating that a transcript shall be prepared for hearings in contested cases or proceedings directed by the board or requested by any party with a reasonable need, and individuals desiring a copy of the transcript must indicate so at the beginning of the proceedings and bear the cost.
Whom does it apply to?
Interested persons who are aggrieved by an act, order, or determination of the administrator under chapters 220, 221, and 223 of the Wisconsin Statutes
What does it govern?
Procedure Before The Banking Review Board
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Wisconsin