Wisconsin Administrative Code
Department of Financial Institutions
DFI-CU 51-75 - Department of Financial Institutions-Credit Unions
Chapter DFI-CU 61 - Credit union purchase or acquisition of conditional sales contracts or similar instruments executed by credit union members
Section DFI-CU 61.04 - Dealer financial statements

Universal Citation: WI Admin Code § DFI-CU 61.04

Current through February 26, 2024

Credit unions purchasing member contracts with recourse must secure annual sworn financial statements from each participating seller until the purchased contracts have been paid. These sworn financial statements are to be retained by the credit union for review by departmental examiners.

Disclaimer: These regulations may not be the most recent version. Wisconsin may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.