Chapter 218, FINANCE COMPANIES, AUTO DEALERS, ADJUSTMENTCOMPANIES AND COLLECTION AGENCIES

218.17 Penalties. (2) In any court action brought by the department for violations of this subchapter, the department may recover all costs of testing and investigation, in addition to costs otherwise recoverable, if it prevails in the action. (3) Nothing in this subchapter prohi…

218.20 Definitions. In this subchapter: (1) “Department” means the department of transportation. (1g) “License period” means the period during which a license issued under s. 218.22 is effective, as established by the department under s. 218.22 (2) (b) 1. (1r) “Motor vehicle salv…

218.205 Motor vehicle salvage dealers to be licensed. (1) No person may carry on or conduct the business of a motor 218.21 vehicle salvage dealer unless licensed to do so by the department. Any person violating this section may be required to forfeit not less than $500 nor more t…

218.21 Application for salvage dealer’s license. (1) Application for license shall be made to the department, at such time, in such form or in an automated format as prescribed by the department and contain such information as the department requires and shall be accompanied by t…

218.22 When department to license salvage dealers. (1) The department shall issue a license to the applicant for a motor vehicle salvage dealer’s license upon the receipt of a properly completed application form accompanied by the fee required under sub. (2) (c) or (d), upon bein…

218.23 Licensee to maintain records; purchase and sale of vehicles by licensee. (1) Whenever a licensed motor vehicle salvage dealer acquires a motor vehicle for the purpose of wrecking it, the dealer shall mail or deliver the certificate of title or if the transfer to the salvag…

218.24 Salvage dealer license number displayed on trucks and truck-tractors. (1) Each motor vehicle salvage dealer licensed under this subchapter shall prominently display his or her salvage dealer license number on both sides of each truck or truck-tractor owned by such dealer a…

218.25 Rules. The department shall make rules under ch. 227 and establish the standards necessary to carry out the purposes of this subchapter and to provide for the orderly operation of motor vehicle salvage sites. History: 1975 c. 288; 1977 c. 29 s. 1654 (7) (a). Cross-referenc…

218.30 Definitions. In this subchapter: (1) “Department” means the department of transportation. (2) “License period” means the period during which a license issued under s. 218.32 is effective, as established by the department under s. 218.32 (2) (b) 1. History: 1989 a. 31.

218.305 Motor vehicle auction dealers to be licensed. No person shall carry on or conduct the business of auctioning motor vehicles at wholesale unless licensed to do so by the department. Any person violating this section may be fined not less than $25 nor more than $200 or impr…

218.31 Application for auction dealer’s license. (1) Application for a motor vehicle auction dealer’s license shall be made upon the form prescribed by the department and, except as provided in sub. (1f), shall contain: (a) The name and address of the applicant. (ag) When the app…

218.32 When department to license auction dealer. (1) The department shall issue a license certificate to the applicant for a motor vehicle auction dealer’s license upon receipt of a properly completed application form accompanied by the fee required under sub. (2) (c) or (d) and…

218.33 Motor vehicle auction dealer to be bonded; conduct of auction business. (1) Each licensee under s. 218.32 shall furnish and maintain a corporate surety bond in the amount of $25,000 in such form as the department approves, conditioned upon the licensee’s complying with the…

218.34 Purchases from a motor vehicle auction. (1) No person may purchase or submit a bid for the purchase of a motor vehicle from a motor vehicle auction unless the following conditions are satisfied: (a) The person holds a valid motor vehicle dealer, motor vehicle wholesaler, o…

218.40 Definitions. In this subchapter: (1) “Department” means the department of transportation. (1m) “License period” means the period during which a license granted under s. 218.41 is effective, as established by the department under s. 218.41 (2m) (a) 1. (2) “Moped” has the me…

218.41 Moped dealers regulated. (1) No person may engage in the business of selling mopeds in this state without a license therefor as provided in this section. (2) (a) Application for license shall be made to the department at such time and in such form, and containing such info…

218.42 Examination by department. No licensee is subject to examination or audit by the department under this subchapter other than as provided in s. 218.41 (6). History: 1977 c. 288.

218.43 Penalty. Any person violating s. 218.41 or a lawful rule or order issued thereunder may be required to forfeit not less than $25 nor more than $100 for the first offense and may be fined not less than $25 nor more than $100 for a 2nd or subsequent conviction within 3 years…

218.50 Definitions. In this subchapter: (1) “Buyer identification card” means a card issued by the department authorizing the cardholder to bid on and purchase motor vehicles being held and offered for sale by a motor vehicle salvage pool and containing the full name, business an…

218.505 Salvage pools to be licensed as wholesalers. No motor vehicle salvage pool may engage in business as such unless licensed as a wholesaler under ss. 218.0101 to 218.0163. History: 1987 a. 349; 1999 a. 31. AUTO DEALERS — FINANCE COMPANIES b. In the case of a person that is …

218.51 Buyer identification cards. (1) The department shall issue buyer identification cards to qualified applicants who wish to purchase or submit bids for the purchase of used or damaged motor vehicles from a motor vehicle salvage pool. The department shall specify the form of …

218.52 Purchases from motor vehicle salvage pools. (1) No person may purchase or submit a bid for the purchase of a motor vehicle from a motor vehicle salvage pool unless the following conditions are satisfied: (a) The person is a cardholder and the person’s buyer identification …

218.53 Penalties. Any person who violates this subchapter shall be fined not less than $1,000 nor more than $10,000 and may be imprisoned for not more than 90 days or both. History: 1987 a. 349.