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Wisconsin Administrative Code (Last Updated: January 10, 2017) |
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Agency DFI. Department of Financial Institutions |
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Chapters DFI-CCS1-20. Department of Financial Institutions-Corporate and Consumer Services |
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Chapter DFI-CCS20. Video Service Franchise |
Section 20.05. Certificates.
Latest version.
- (1) If the department determines that an applicant is qualified to provide video service, the department shall issue a video service franchise to the applicant as set forth in the application.(2) The holder of a video service franchise may transfer the franchise to any successor by filing a notice of transfer with the department and each affected municipality and complying with the requirements of s. 66.0420 (11) , Stats. The notice shall include the address of the successor's principal place of business and the names and titles of the successor's principal executive officers. The successor shall assume all regulatory rights and responsibilities of the holder transferring the franchise.(3) A video service franchise shall expire 10 years after the date of its issuance by the department.(4) A holder of a video service franchise may renew a franchise if the application and notification requirements of s. 66.0420 , Stats., and this chapter are met prior to the expiration of the franchise. A renewed video service franchise shall be for a period of 10 years unless the department determines that the video service provider is not legally, financially or technically qualified.