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Can you summarize WIAC DFI-Bkg Chapter 11?
Department of Financial Institutions-Banking > Procedure Before The Administrator Of The Division Of Banking
Short Summary
These documents govern the procedure before the Administrator of the Division of Banking in Wisconsin. They apply to any person involved in a contested case as defined by s. 227.01, Stats., or any proceeding at the direction of the administrator or on the request of any party establishing a reasonable need. The hearings shall be held at the office of the Administrator of the Division of Banking in Madison, Wisconsin, unless otherwise specifically provided by law or ordered by the administrator. The administrator or a designated subordinate shall conduct and preside over the hearings. The hearings shall generally be open to the public, unless otherwise specifically provided by statute or ordered by the administrator. The administrator has the authority to issue subpoenas for the attendance of parties or witnesses at a hearing. The administrator is not bound by common law or statutory rules of evidence, but testimony with reasonable probative value shall be admitted. All papers filed in connection with any hearing shall be printed or typewritten and filed with the administrator and served to other parties or interested persons. Orders, notices, and other papers may be served by the administrator through mail. These documents also pertain to the notice of hearing in contested cases before the Administrator of the Division of Banking. The notice of hearing must contain a statement of the issues involved and provide the respondent with the opportunity to make a written answer. The respondent must make an answer within the specified time, and failure to do so may constitute a default. The answer must include a specific denial of material allegations and any new matter constituting a defense or affecting the respondent’s situation. The documents also outline the process for submitting a petition for the promulgation, amendment, or repeal of rules within the jurisdiction of the administrator. Interested persons can submit a petition specifying the desired changes or proposing new rules. The administrator may conduct investigations, hold conferences or hearings, and dispose of a petition summarily if desired. Additionally, the documents explain the process of obtaining declaratory rulings from the administrator regarding the applicability of any rule or statute enforced by the administrator. Any person in interest can petition the administrator, and upon receipt of the petition, the administrator may investigate the facts, hold hearings, and issue a declaratory ruling.
Whom does it apply to?
Any person involved in a contested case or any proceeding at the direction of the administrator or on the request of any party establishing a reasonable need
What does it govern?
Procedure before the Administrator of the Division of Banking
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Wisconsin