Section 76.12. License periods and expiration dates.

 

(1)   Business licenses.

(a) General licensing period and expiration dates. The license period for business licenses is 2 years. The division of banking shall issue business licenses that start and expire on the following dates: - See PDF for table

(b) Initial licenses. The division of banking may issue initial licenses that go into effect on dates other than the first day of an even-numbered month. The licenses may expire before the end of 2 years, and their expiration dates may be assigned as follows: - See PDF for table

Example: A motor vehicle dealer whose license is first issued on October 8, 1992 would receive a license valid through September 30, 1994.

(2)   Licenses run concurrently. A motor vehicle license to operate as a sales finance company will be issued to run concurrently with the department of transportation dealer licenses.

Emerg. cr. eff. 1-1-91; cr. Register, June, 1991, No. 426 , eff. 7-1-91; 2013 Wis. Act 136 : am. (1) (a) (intro.), (b) (intro.), (2) Register March 2014 No. 699 , eff. 4-1-14.