Order Regarding Database Transaction Fee

ORDER


OF THE ADMINISTRATOR

STATE OF WISCONSIN

DEPARTMENT OF FINANCIAL INSTITUTIONS

DIVISION OF BANKING


PURPOSE

This is an order issued by the Administrator, State of Wisconsin, Department of Financial Institutions, Division of Banking setting the payday loan database transaction fee required by s. 138.14(14)(h), Stats.

JURISDICTION and AUTHORITY

The State of Wisconsin, Department of Financial Institutions, Division of Banking ("division") shall enforce all laws relating to payday loans under s. 138.14, Stats., in the State of Wisconsin, and shall enforce and cause to be enforced every law relating to the supervision and control thereof. Secs. 138.14 and 220.02(2)(b), Stats.


The division may issue an order in execution of or supplementary to s. 138.14, Stats., and the division shall issue an order specifying a database transaction fee. Secs. 138.14(8)(a) and (14)(h), Stats.

ORDER

IT IS HEREBY ORDERED AS FOLLOWS:

The database transaction fee required by s. 138.14(14(h), Stats., shall be $1.


The effective date for this order is July 1, 2011.


By:  /s/ Michael J. Mach                                   Date:     6/30/2011

Michael J. Mach, Administrator
Wisconsin Department of Financial Institutions
Division of Banking