186.116 Financially related services tie-ins. In any transaction conducted by a credit union or a subsidiary of a credit union with a customer who is also a customer of any other subsidiary of the credit union, the customer shall be given a notice in 12-point boldface type in substantially the following form:
NOTICE OF RELATIONSHIP
This company, .... (insert name and address of credit union or subsidiary), is related to .... (insert name and address of credit union or subsidiary) of which you are also a customer. You may not be compelled to buy any product or service from either of the above companies or any other related company in order to participate in this transaction.
If you feel that you have been compelled to buy any product or service from either of the above companies or any other related company in order to participate in this transaction, you should contact the management of either of the above companies at either of the above addresses or the office of credit unions at .... (insert address).
History: 1985 a. 325; 1995 a. 27, 151.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
186.015 - Credit union review board.
186.02 - Incorporation, bylaws, amendment, fees.
186.03 - Use of name exclusive.
186.035 - Deceptive or misleading use of credit union name, logo, or symbol.
186.06 - Membership meetings, fiscal year.
186.08 - Officers, management.
186.082 - Definitions applicable to indemnification and insurance provisions.
186.083 - Mandatory indemnification.
186.084 - Determination of right to indemnification.
186.085 - Allowance of expenses as incurred.
186.086 - Credit union may limit indemnification.
186.087 - Additional rights to indemnification and allowance of expenses.
186.088 - Court-ordered indemnification.
186.089 - Indemnification and allowance of expenses of employees and agents.
186.093 - Definitions applicable to liability-related provisions.
186.094 - Reliance by directors or officers.
186.095 - Consideration of interests in addition to members' interests.
186.096 - Limited liability of directors and officers.
186.10 - Minors' rights; shares in trust.
186.112 - Credit union borrowing.
186.113 - Credit union powers.
186.114 - Savings promotion prize programs.
186.115 - Additional credit union authority.
186.116 - Financially related services tie-ins.
186.118 - Incidental powers parity with federal credit unions.
186.12 - Compensation of officers, operation expenses.
186.14 - Expelled member rights and liabilities.
186.19 - Bonding requirements.
186.21 - Credit unions promoted.
186.235 - Office of credit unions.
186.315 - Charter cancellation.
186.32 - Corporate central credit union.
186.325 - National corporate central credit union.
186.34 - Federal share insurance.
186.36 - Sale of insurance in credit unions.
186.41 - Interstate acquisitions and mergers of credit unions.
186.45 - Non-Wisconsin credit union, Wisconsin offices.
186.52 - Customer access to appraisals.
186.53 - Customer access to credit reports.
186.70 - Record search; members' inspection of records.