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Can you summarize WIAC DFI-Bkg Chapter 14?
Department of Financial Institutions-Banking > Customer Bank Communications Terminal Joint Rules
Short Summary
The provided legal document content pertains to the Customer Bank Communications Terminal Joint Rules under the Wisconsin Administrative Code, specifically under the Department of Financial Institutions-Banking. It defines key terms used in the regulations and outlines the requirements for banks intending to engage in activities authorized under s. 221.0303, Stats. Banks must file a written notice with the administrator before commencing such activities, unless the administrator regularly receives information on changes in locations of customer bank communications terminals from a supplier. The administrator has the authority to determine if the proposed activity is beyond the bank’s capabilities, would result in unfair competition, or violates the relevant chapter. The document also includes historical amendments made to the rules. No specific penalties or exemptions are mentioned in the provided content.
Whom does it apply to?
Banks and financial institutions in Wisconsin
What does it govern?
Regulations governing customer bank communications terminals in Wisconsin
What are exemptions?
No specific exemptions are mentioned
What are the Penalties?
No specific penalties are mentioned
Jurisdiction
Wisconsin