138.14(6)(b)2. 2. A licensee may well not offer product or run different company from the bar or nightclub given from inside the license unless written authorization are granted with the licensee from the unit.
138.14(7)(the) (a) Except as supplied in par. (b) , a licensee shall keep such courses and data during the licensee’s place of business that, when you look at the advice of the unit, will enable the unit to find out compliance using this area. A licensee shall protect the documents of best entry utilized in this type of companies for a time period of at the very least a couple of years following the making of any loan taped therein.
138.14(7)(b) (b) A licensee may maintain publications and records specified in level. (a) at a single location inside or beyond this state in the event the products and data tend to be held at a place of businesses accredited under this area. A licensee shall organize the e-books and files of the place of business where in actuality the files originated.
138.14(7)(c) (c) A licensee shall keep carefully the products and reports impacting debts produced pursuant to the section split and specific through the information of every some other businesses in the licensee.
138.14(7)(d) (d) A licensee shall generate a yearly report to the division per season on or before March 15 associated with following 12 months. The document shall put company transacted of the licensee under this point and shall promote all reasonable and pertinent details that the division may necessitate, such as the facts needed for the unit’s reports under par. (elizabeth) . The reports shall be manufactured in the design and manner recommended by the division.
The amount of pay day loans produced during the preceding 12 months that lead to repayment under sub
138.14(7)(e) (elizabeth) The unit shall submit a yearly are accountable to the appropriate waiting committees regarding the legislature in the manner supplied under s. 13.172 (3) which includes most of the after:
138.14(7)(e)4. 4. Based on subd. 3. , an average annual percentage rate for every payday loans generated throughout the preceding year.
The number of pay day loans made while in the preceding season that have been repaid making use of the proceeds of a following payday loans
138.14(7)(e)9. 9. How many pay day loans generated during preceding year that a client’s repayment technique is dishonored or declined as a result of insufficient funds.
138.14(8)(b) (b) The division may promulgate these formula because it views needed for the government within this point, such as principles developing database transaction fees under sub. (14) (h) as well as other charge considered sensible and needed from the unit.
138.14(8)(c) (c) The division shall have a similar power to make hearings, capture testimony, and secure evidence as is supplied in ss. 217.17 and 217.18 .
138.14(8)(d) (d) The unit for the purpose of finding violations of the part may explore the company of a licensee transacted under this part, and shall research convictions reported into the unit by any area attorneys for infraction by a licensee with this area. The area of businesses, books of membership, documents, files, safes, and vaults of a licensee will be available to inspection and evaluation because of the unit for the true purpose of these types of researching therefore the division may read under oath all individuals whoever testimony the unit may necessitate in accordance with these study.
138.14(8)(age) (elizabeth) The cost of any research, assessment, or hearing, like observe charges or just about any other expenditures, carried out by the unit under this area regarding a licensee will probably be settled from the licensee within a month after demand therefor of the unit, and condition may manage an action the healing of these prices and expenses.