Wisconsin Administrative Code

Trans 140.01 Purpose and scope.

Trans 140.02 Definitions.

Trans 140.022 Security; forms and types.

Trans 140.027 Criteria for supplemental security.

Trans 140.028 When financial information is required.

Trans 140.03 Balance sheet information.

Trans 140.04 Asset reporting.

Trans 140.05 Liability reporting.

Trans 140.06 Net worth reporting.

Trans 140.07 Types of entities.

Trans 140.08 Copies required. Trans 140.09 Subchapter I — Dealer Security and Financial Eligibility Requirements lent, customer and factory receivables, inventories, last in first out reserves and marketable securities. (3) XCurrent liabilitiesY means liabilities which are due an…

Trans 140.09 General requirements. (1) OPERATING If required by the department, the applicant shall submit an income statement or other financial statement. The department may require a dealer to submit updated financial information during the license year if questions arise rega…

Trans 140.20 Definitions.

Trans 140.21 Allowed claims.

Trans 140.22 Priority of claims.

Trans 140.23 Payments on allowed claims.

Trans 140.24 Making claims.

Trans 140.25 Payment by surety or financial institution.

Trans 140.26 Procedure for determination of claims against the dealer bond or letter of credit.

Trans 140.27 Late claims.

Trans 140.28 Alternative procedure for determination of claims. History: Cr. Register, March, 1985, No. 351, eff. 4-1-85; renum. (1) to (7) to be (4), (6), (7), (10), (11), (12) and (14) and am. (6) and (12), cr. (1) to (3), (5), (8), (9) and (13), Register, February, 1996, No. 4…

Trans 141.01 Purpose and scope. This chapter interprets ss. 218.0116 (1) (gr), 218.0146 (4) and 342.16 (1) (a) and (am), Stats., which requires all licensed Wisconsin motor vehicle dealers to process motor vehicle titles and registrations electronically for vehicles they sell, un…

Trans 141.02 Definitions. The words and phrases defined in s. 340.01, Stats., have the same meaning in this chapter unless a different definition is specifically provided. In this chapter: (1) XAPPSY means the automated processing partnership system program established by the DMV…

Trans 141.03 Requirement to process certificates of title and registration. (1) Unless exempt under s. Trans 141.06, a licensed Wisconsin motor vehicle dealer shall process certificates of title and registration for motor vehicles sold by the dealer. A licensed motor vehicle deal…

Trans 141.04 Dealer participation in the APPS program. (1) A licensed Wisconsin motor vehicle dealer may satisfy its obligations under s. 342.16 (1) (am), Stats., by contracting with the DMV as an agent in the APPS program under s. 341.21 (2), Stats. A dealer who participates in …

Trans 141.05 Termination and nonrenewal of APPS dealer contracts. (1) DMV may terminate or refuse to renew an APPS dealer contract on any of the following grounds: (a) Failure to provide information requested by DMV relating to the motor vehicle dealer[s financial standing, solve…

Trans 141.06 Exemptions from requirement to process certificates of title and registration. (1) EXEMPT MOTOR VEHICLE DEALERS. (a) A motor vehicle dealer is not required to process certificates of title and registration if the 2 motor vehicle dealer sells an average of 48 or fewer…

Trans 141.07 Fees. (1) FEES PAID TO MOTOR VEHICLE A motor vehicle dealer may charge a fee to consumers for processing certificate of title and registration applications. The fee shall be a reasonable amount, as determined by the department. The fee shall be included in the servic…

Trans 141.08 Records. (1) A motor vehicle dealer shall forward to the department within one business day after completing processing a transaction all of the following paper documents: (a) Original certificate of title that was submitted from the prior owner, or original manufact…

Trans 142.01 Purpose and scope. (1) STATUTORY AUTHORITY. As authorized by ss. 218.12 (6) and 227.11, Stats., the purpose of this chapter is to establish the department[s administrative interpretation of ss. 218.10 (1g), 218.11 (3), (6) (e), (h), (i), (k) and (n) and (7) (c), 218.…

Trans 142.02 Definitions. In this chapter: (1) XCash priceY means dealer asking price including dealer installed options and accessories and additional dealer markup, profit and transportation charges, minus the dollar value of cash discounts. (2) XDamageY means defects caused by…

Trans 142.03 Advertising and sales representations. (1) TRUTHFUL. The use of false, deceptive or misleading advertising or representations by any licensee to induce the purchase of a recreational vehicle constitutes an unfair practice and is prohibited. (2) FACTUAL. Any licensee,…

Trans 142.04 Purchase contract. (1) USAGE. (a) All licensees shall furnish retail purchasers with a copy of a document entitled XRecreational Vehicle Purchase ContractY that clearly states that the prospective retail purchaser is making an offer to purchase a recreational vehicle…

Trans 142.05 Consignment agreements. (1) USAGE Whenever a recreational vehicle dealer offers for sale a recreational vehicle on consignment, a written consignment agreement shall be completed and shall include: (a) The date of the consignment agreement, (b) The name of the recrea…

Trans 142.06 Disclosure of the condition of the recreational vehicle. (1) MODEL YEAR DESIGNATION. Changing the model year of a recreational vehicle is an unfair practice and prohibited. If no model year is designated, the year of manufacture applies. (2) NEW RECREATIONAL VEHICLE …

Trans 142.07 Dealer facilities and records. (1) DEALER BUSINESS FACILITIES. Business facilities required to be provided and maintained by recreational vehicle dealers are as follows: (a) A building with a business office to maintain the books, records and files necessary to condu…

Trans 143.01 Purpose and scope. (1) STATUTORY AUTHORITY. As authorized by s. 218.0171 (4) (a), Stats., the purpose of this chapter is to specify the process and requirements for the certification of informal dispute settlement procedures by the department of transportation as spe…

Trans 143.02 Definitions. Words and phrases defined in ch. 340, Stats., have the same meaning in this chapter unless a different definition is specified. In this chapter: (1) XCertified mechanismY is a manufacturer[s informal dispute settlement procedure for resolving consumer al…

Trans 143.03 Duties of the manufacturer. (1) Manufacturers subscribing to a certified mechanism for resolving consumer allegations of nonconformities in motor vehicles covered under the provisions of s. 218.0171 (2) (b), Stats., shall not incorporate into a written warranty terms…

Trans 143.04 Certified mechanism organization. (1) The certified mechanism shall be funded and competently staffed at a level sufficient to ensure fair and expeditious resolution of all disputes, and shall not charge consumers any fee for use of the certified mechanism. (2) The m…

Trans 143.05 Qualifications of decision makers. (1) No decision maker deciding a dispute shall be: (a) A party to the dispute; (b) An employee or agent of a party, except if employed or retained for the sole purpose of deciding disputes; 2 (c) A person who is a party in any legal…

Trans 143.06 Operation of the certified mechanism. (1) The certified mechanism shall establish written operating procedures which shall include at least those items specified in subs. (2) through (11). Copies of the written procedures shall be made available to any person upon re…

Trans 143.07 Recordkeeping. (1) The certified mechanism shall maintain records on each dispute referred to it. The records shall include: (a) Name, address and telephone number of the consumer; if available, (b) Name, address, telephone number and contact person of the manufactur…

Trans 143.08 Audits. (1) Pursuant to s. 218.0171 (4) (d), Stats., the certified mechanism shall submit an annual independent audit at the certified mechanism[s expense to the department which shall include at a minimum the following: (a) An evaluation of the manufacturer[s effort…

Trans 143.09 Openness of records and proceedings. (1) The statistical summaries specified in s. Trans 143.07 (2) shall be available to any person for inspection and copying. (2) The policy of the certified mechanism with respect to records availability shall be set out in the pro…

Trans 143.10 Certification process. (1) The department of transportation shall have sole authority to review and certify mechanism procedures in the State of Wisconsin for compliance with s. 218.0171, Stats., and this chapter. (2) Any manufacturer seeking certification of a mecha…

Trans 143.11 Revocation of certification. (1) The department may revoke the certification of a manufacturer[s mechanism for cause. (2) The department shall notify the manufacturer, in writing, of the following: (a) The reason for revoking certification under this chapter; (b) The…

Trans 144.01 Purpose. This chapter describes the periods, expiration dates, and fees for licenses issued by the department under the authority found in ch. 218, Stats., to motor vehicle dealers and their salespersons; moped dealers; manufacturers, distributors, wholesalers, and t…

Trans 144.02 Definitions. Words and phrases used in this chapter have the same meaning as found in chs. 218 and 341, Stats., unless additional interpretations are specified. In this chapter: (1) XBusiness licenseY means a license issued by the department under ch. 218, Stats., to…

Trans 144.03 License periods and expiration dates. (1) BUSINESS LICENSES. (a) General licensing period and expiration dates. The license period for business licenses is 2 years. The department may issue business licenses that start and expire on the following dates: Day When Lice…