Section 148.04. Secured party participation in the APPS program.

Latest version.

(1) Any secured party may file its security interest statement electronically as part of processing a certificate of title, and may release its security interests or file security interest statement for a vehicle that is not being transferred, by contracting with the DMV as an agent in the APPS program under s. 341.21 (2) , Stats. A secured party who participates in the APPS program shall, as a condition of continued participation in the APPS program, comply with all requirements and procedures under ch. Trans 156 and with limitations on use of personal identifiers and confidential information under the federal Driver's Privacy Protection Act, 18 USC 2721-2725 .

(2) A secured party participating in the APPS program may charge a customer for title processing, including security interest statement filing and release of security interest, any amount not more than the maximum fees specified in the contract under ch. Trans 156 .

History: CR 09-113 : cr. Register May 2010 No. 653 , eff. 6-1-10.

                    
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