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 1.38. Restriction on liability in consumer lease.
Latest version.
- A reasonable charge for excess mileage in the case of a motor vehicle lease as established by reasonable standards of the industry as observed in the relevant market area with respect to the mileage and the rate per mile shall be considered a charge for damages to the leased property within the meaning of s. 422.412 , Stats., provided that the mileage allowance and the charge per excess mile shall be conspicuously stated in the original lease agreement.
Cr.
Register, June, 1973, No. 210
, eff. 7-1-73.