Wisconsin Administrative Code (Last Updated: January 10, 2017) |
Agency DFI. Department of Financial Institutions |
Chapters DIF-WCA1. Department of Financial Institutions-Wisconsin Consumer Act |
Chapter DFI-WCA1. Wisconsin Consumer Act |
Section 1.361. Assignment of earnings prohibited; revocation.
Latest version.
- In any case where a merchant takes an assignment of earnings subject to s. 422.404 , Stats., for payment or as security for payment of an obligation the assignment shall contain on its face a statement in substantially the following language: "THE CUSTOMER MAY TERMINATE THIS ASSIGNMENT AT ANY TIME WITHOUT PENALTY."
Cr.
Register, June, 1973, No. 210
, eff. 7-1-73.