Wisconsin Administrative Code (Last Updated: January 10, 2017) |
Agency DFI. Department of Financial Institutions |
Chapters DFI-CU51-75. Department of Financial Institutions-Credit Unions |
Chapter DFI-CU61. Credit Union Purchase Or Acquisition Of Interests in Credit Sales Transactions |
Section 61.01. Limitations.
Latest version.
- Subject to the following minimum requirements, credit unions with assets of $1,000,000 or more may purchase or acquire interests in credit sales transactions entered into by their members. Credit unions with assets of less than $1,000,000 may do so only with the prior, written approval of the director.