Section 76.13. License fees.

 

(1)  The division of banking shall collect fees based on the statutory formulas described in s. 218.0114 (15) , Stats., and elsewhere, which is the number of years in a licensing period multiplied by the current annual fee of $50. If the dealer originates and carries or retains time sales contracts for more than 30 days in a total amount exceeding $100,000, a bill will be issued for additional business license fees due based upon the schedule of fees in s. 218.0114 (16) , Stats.

(2)  When the division of banking issues an initial license for a period less than 2 years, it may reduce the business license fees by the same proportion as the reduction in the business license period.

Emerg. cr. eff. 1-1-91; cr. Register, June, 1991, No. 426 , eff. 7-1-91; corrections in (1) made under s. 13.93 (2m) (b) 7., Stats., Register June 2004 No. 582 ; 2013 Wis. Act 136 : am. Register March 2014 No. 699 , eff. 4-1-14.