State Codes and Statutes

Statutes > Wisconsin > 224 > 224.30

224.30

224.30 Powers and duties of the department.

224.30(1)

(1) Definition. In this section, "department" means the department of financial institutions.

224.30(3)

(3) Computer databases, networks and systems; access and use fees. The department may establish fees to be paid by members of the public for accessing or using the department's computer databases, computer networks or computer systems. Every fee established under this paragraph shall be based upon the reasonable cost of the service provided by the department, together with a reasonable share of the costs of developing and maintaining the department's computer databases, computer networks and computer systems.

224.30(4)

(4) Restrictions on recording instruments with social security numbers.

224.30(4)(a)

(a) In this subsection, "system" means the department's corporate registration information system.

224.30(4)(b)

(b) The department may not record in the system any instrument offered for recording that contains the social security number of an individual. If the department is presented with an instrument for recording in the system that contains an individual's social security number, the department may, prior to recording the instrument, remove or obscure characters from the social security number such that the social security number is not discernable on the instrument.

224.30(4)(c)

(c) If the department is presented with an instrument for recording in the system that contains an individual's social security number, and if the department records the instrument but does not discover that the instrument contains the individual's social security number until after the instrument is recorded, the department is not liable for the instrument drafter's placement of the individual's social security number on the instrument and the department may remove or obscure characters from the social security number such that the social security number is not discernable on the instrument.

224.30(4)(d)

(d) If the department records an instrument in the system that contains the complete social security number of an individual, the instrument drafter is liable to the individual whose social security number appears in the recorded instrument for any actual damages resulting from the instrument being recorded.

224.30 - ANNOT.

History: 1997 a. 306; 1999 a. 9; 2003 a. 294; 2009 a. 347.