224.03 Banking, unlawful, without charter; penalty. It shall be unlawful for any person, partnership, association, or corporation to do a banking business without having been regularly organized and chartered as a national bank, a state bank or a trust company bank. Any person or persons violating any of the provisions of this section, either individually or as an interested party in any partnership, association, or corporation shall be guilty of a misdemeanor and on conviction thereof shall be fined not less than $300 nor more than $1,000 or imprisoned in the county jail for not less than 60 days nor more than one year or both.
History: 1991 a. 221; 1993 a. 490; 1995 a. 417.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 224 - Miscellaneous banking and financial institutions provisions.
224.03 - Banking, unlawful, without charter; penalty.
224.05 - Municipality not preferred creditor.
224.06 - Fidelity bonds for bank officers and employees.
224.07 - Checks to clear at par.
224.075 - Financially related services tie-ins.
224.25 - Customer access to appraisals.
224.26 - Customer access to credit reports.
224.30 - Powers and duties of the department.
224.40 - Disclosure of financial records for child support enforcement.
224.42 - Disclosure of financial records for Medical Assistance and food stamp program eligibility.
224.44 - Disclosure of financial records for collection of unemployment insurance debt.
224.46 - Independent data processing servicers.
224.48 - College tuition and expenses program.
224.50 - College savings program.
224.51 - College savings program vendor.
224.52 - Repayment to the general fund.
224.72 - Licensing of mortgage bankers and mortgage brokers.
224.722 - Registered entities.
224.725 - Licensing of mortgage loan originators.
224.728 - Nationwide mortgage licensing system and registry and cooperative arrangements.
224.75 - Record-keeping requirements for licensees.
224.755 - Education and testing requirements for mortgage loan originators.
224.76 - Mortgage banker, mortgage loan originator, and mortgage broker trust accounts.
224.80 - Penalties and private cause of action.
224.81 - Limitation on actions for commissions and other compensation.
224.82 - Compensation presumed.
224.923 - License application.
224.927 - Disclosure of certain application information.
224.935 - Expiration of license.
224.95 - Denial of or disciplinary action relating to license.
224.96 - Required loan loss reserve.
224.97 - Division review of nondepository lender operations.