State Codes and Statutes

Statutes > Wisconsin > 217 > 217.02

217.02

217.02 Definitions. In this chapter, unless the context requires otherwise:

217.02(1)

(1) "Authorized agent" is a person who is authorized by a licensee to sell its checks.

217.02(2)

(2) "Check" means any check, draft, money order, traveler's check, personal money order or other instrument for the transmission or payment of money.

217.02(2m)

(2m) "Division" means the division of banking.

217.02(3)

(3) "General order" means an order of the division other than a special order.

217.02(4)

(4) "Licensee" means a person licensed under this chapter.

217.02(5)

(5) "Location" includes each place in this state where business as a seller of checks is conducted, including any office of the licensee and the place of business of any authorized agent of the licensee.

217.02(7)

(7) "Personal money order" means any instrument for the transmission or payment of money in relation to which the purchaser or remitter appoints or purports to appoint the seller thereof as the purchaser's or remitter's agent for the receipt, transmission or handling of money, whether such instrument is signed by the seller or by the purchaser or remitter or some other person.

217.02(8)

(8) "Sell" means to sell, issue or deliver a check.

217.02(9)

(9) "Seller of checks" means a person who, as a service or for a fee or other consideration, engages in the business of selling and issuing checks or the receiving of money for transmission or the transmitting of money, or the transmitting of money to foreign countries.

217.02(10)

(10) "Special order" means an order of the division to or affecting a person.

217.02 - ANNOT.

History: 1983 a. 189; 1991 a. 316; 1995 a. 27; 2005 a. 158.