Chapter 203, EARNED WAGE ACCESS SERVICES
8 sections in this chapter.
Wis. Stat. § 203.01 Definitions
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203.01 Definitions. In this chapter: (1) “Business entity” means any corporation, limited liability company, partnership, association, or other commercial entity. (2) “Consumer” means an individual who resides in this state. (3) “Consumer-directed wage access services” means the …
Wis. Stat. § 203.02 Powers of the division
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203.02 Powers of the division. (1) The division may issue any general or special order in execution of or supplementary to this chapter. (2) The division may promulgate such rules as it considers necessary for the administration of this chapter. (3) The division has the same powe…
Wis. Stat. § 203.03 Licensure
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203.03 Licensure. (1) (a) Subject to par. (b), a provider, including a provider that is not physically located in this state, may not provide earned wage access services in this state unless the provider has been issued a license by the division. (b) This section does not apply t…
Wis. Stat. § 203.04 Provider requirements; limitations
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203.04 Provider requirements; limitations. (1) A provider required to be licensed under s. 203.03 (1) shall do all of the following: (a) Develop and implement policies and procedures to respond to questions raised by consumers and address complaints from consumers in an expedient…
Wis. Stat. § 203.06 Reporting requirements; books and records
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203.06 Reporting requirements; books and records. (1) On or before July 1 of each year, a provider required to be licensed under s. 203.03 (1) shall submit an annual report to the division that includes all of the following information related to earned wage access services the p…
Wis. Stat. § 203.07 Suspension or revocation of license
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203.07 Suspension or revocation of license. (1) The division may suspend or revoke a provider’s license issued under s. 203.03 (7) if the division finds any of the following: (a) That the provider violated any provision of this chapter, any rule promulgated under this chapter, or…
Wis. Stat. § 203.08 Violations and enforcement
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203.08 Violations and enforcement. (1) The division may bring a civil action to restrain by temporary or permanent injunction a person from violating this chapter or rules promulgated under this chapter or to restrain a person from engaging in false, misleading, deceptive, or unc…
Wis. Stat. § 203.09 Applicability
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203.09 Applicability. Notwithstanding any other provision of law, ss. 422.201 to 422.310, 422.404, 422.407, 422.414, 425.106 (1) (a), 426.201 to 426.203, and 766.555 to 766.565 and ch. 427 do not apply to earned wage access services offered and provided by a licensee in complianc…