Wis. Admin. Code Department of Financial Institutions DFI-WCA 1.26

Current through September 30, 2024
Section DFI-WCA 1.26 - Additional charges; cost of insurance

Disclosure of the cost of insurance as an additional charge under s. 422.202(1) (b) and (c), Stats., must include written notice to the customer of the term of such insurance together with the dollar charge for such term. Where the term of the insurance is the same as the term of the transaction a disclosure of that fact shall be an adequate disclosure of the term of the insurance.

Wis. Admin. Code Department of Financial Institutions DFI-WCA 1.26

CR Register, June, 1973, No. 210, eff. 7-1-73; am. Register, October, 1980, No. 298, eff. 11-1-80.