Wisconsin Legislature: 1997 Wisconsin Act 331

Date of enactment: July 1, 1998
1997 Assembly Bill 265 Date of publication*: July 15, 1998

* Section 991.11, Wisconsin Statutes 1995-96: Effective date of acts. “Every act and every portion of an act enacted by the legislature over the governor's partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication as designated" by the secretary of state [the date of publication may not be more than 10 working days after the date of enactment].

1997 WISCONSIN ACT 331

An Act to create 403.414 (7) of the statutes; relating to: liability for worthless checks.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

331,1 Section 1 . 403.414 (7) of the statutes is created to read:

403.414 (7) A person who issues a check or other draft that is not honored upon presentment, because the drawer does not have an account with the drawee or because the drawer does not have sufficient funds in his or her account or sufficient credit with the drawee, is liable for all reasonable costs and expenses in connection with the collection of the amount for which the check or draft was written, except recovery is not permitted under this section if a person licensed under s. 138.09 or any other person collected or could have collected a charge for that check or other draft under s. 422.202 (1) (d) or (2m).

331,2 Section 2 . Initial applicability.

(1) This act first applies to checks or other drafts issued on the effective date of this subsection.