Ask Reggi Your Question Now
Can you summarize WIST Chapter 217?
Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations. > Seller of checks.
Short Summary
The legal document reviewed governs the activities of sellers of checks in Wisconsin. It applies to individuals, partnerships, limited liability companies, associations, trusts, and corporations engaged in the business of selling and issuing checks or transmitting money. The document defines various terms and provides regulations and requirements for sellers of checks, including licensing, conducting business at specific locations, and engaging in the transmission of money. It does not specify any penalties for non-compliance or violations. The document also outlines the exemptions from this chapter, which include banks, credit unions, savings and loan associations, U.S. post-office money orders, and savings banks with respect to checks sold in their respective offices. Overall, this document establishes the legal framework for the operation of sellers of checks in Wisconsin.
Whom does it apply to?
Persons engaged in the business of selling and issuing checks or transmitting money
What does it govern?
Activities of sellers of checks
What are exemptions?
Banks, credit unions, savings and loan associations, U.S. post-office money orders, and savings banks with respect to checks sold in their respective offices
What are the Penalties?
No penalties specified
Jurisdiction
Wisconsin