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Can you summarize WIST 943.24?
Issue of worthless check.
Short Summary
This legal document, found in the Wisconsin Statutes under the Criminal Code, addresses the issue of worthless checks. It states that anyone who issues a check or other order for payment, with the intention that it will not be paid, is guilty of a Class A misdemeanor if the amount is up to $2,500. If the amount is over $2,500 or if multiple checks totaling over $2,500 are issued within a 90-day period, the person is guilty of a Class I felony. The document also provides prima facie evidence of intent not to pay, such as not having an account with the drawee or not having sufficient funds or credit and failing to pay within 5 days after receiving written notice of nonpayment or dishonor. There are exemptions for postdated checks and checks given for past consideration, except payroll checks. The document also mentions the possibility of ordering restitution and the authority to request information from financial institutions for investigation or prosecution purposes.
Whom does it apply to?
Any person who issues a check or other order for payment
What does it govern?
Worthless checks
What are exemptions?
Postdated checks or checks given for past consideration, except payroll checks
What are the Penalties?
Class A misdemeanor for checks up to $2,500, Class I felony for checks over $2,500 or multiple checks totaling over $2,500
Jurisdiction
Wisconsin