AB150,2117,1312 409.401 (1) (c) In all other cases, in the office of the secretary of state with the
13department
.
AB150, s. 6444 14Section 6444. 409.401 (5) of the statutes is amended to read:
AB150,2117,1915 409.401 (5) Notwithstanding the preceding subsections, and subject to s.
16409.302 (3), the proper place to file in order to perfect a security interest in collateral,
17including fixtures, of a transmitting utility is the office of the secretary of state with
18the department
. This filing constitutes a fixture filing under s. 409.313 as to the
19collateral described therein which is or is to become fixtures.
AB150, s. 6445 20Section 6445. 409.402 (3m) of the statutes is amended to read:
AB150,2117,2521 409.402 (3m) The secretary of state department shall prescribe by rule
22standard forms for filing a financing statement, continuation statement,
23termination statement, statement of assignment or statement of release. A filing
24officer may refuse to accept statements not on the required form or not containing
25information required under sub. (1).
AB150, s. 6446
1Section 6446. 409.403 (3) of the statutes is amended to read:
AB150,2118,232 409.403 (3) A continuation statement may be filed by the secured party within
36 months prior to the expiration of the 5-year period specified in sub. (2). Any such
4continuation statement must be signed by the secured party, identify the original
5statement by file number and state that the original statement is still effective. A
6continuation statement signed by a person other than the secured party of record
7must be accompanied by a separate written statement of assignment signed by the
8secured party of record and complying with s. 409.405 (2), including payment of the
9required fee. Upon timely filing of the continuation statement, the effectiveness of
10the original statement is continued for 5 years after the last date to which the filing
11was effective whereupon it lapses in the same manner as provided in sub. (2) unless
12another continuation statement is filed prior to such lapse. Succeeding continuation
13statements may be filed in the same manner to continue the effectiveness of the
14original statement. Unless a statute on disposition of public records provides
15otherwise, the filing officer may remove a lapsed statement from the files and destroy
16it immediately if the officer has retained a microfilm or other photographic record or
17an optical disk or electronic copy. In other cases a lapsed statement may not be
18destroyed until after one year after the lapse. The filing officer shall so arrange
19matters by physical annexation of financing statements to continuation statements
20or other related filings, or by other means, that if the officer physically destroys the
21financing statements of a period more than 5 years past, those which have been
22continued by a continuation statement or which are still effective under sub. (6) shall
23be retained.
AB150, s. 6447 24Section 6447. 409.403 (4) of the statutes is amended to read:
AB150,2119,6
1409.403 (4) Except as provided in sub. (7), a filing officer shall mark each
2statement with a file number and with the date and hour of filing and shall hold the
3statement or a microfilm or other photographic copy thereof, or an optical disk or
4electronic
copy thereof, for public inspection. In addition the filing officer shall index
5the statements according to the name of the debtor and shall note in the index the
6file number and the address of the debtor given in the statement.
AB150, s. 6448 7Section 6448. 409.403 (5) (a) 1. of the statutes is amended to read:
AB150,2119,158 409.403 (5) (a) 1. The fee for filing and indexing and for stamping a copy
9furnished by the secured party to show the date and place of filing for an original
10financing statement is $8 if the statement is on the standard form prescribed by the
11secretary of state department and is $16 if the statement is not on the standard form
12or if additional pages are attached to the standard form. The fee for filing an original
13financing statement subject to s. 409.402 (5) is $10 if the statement is on the standard
14form and is $20 if the statement is not on the standard form or if additional pages
15are attached to the standard form.
AB150, s. 6449 16Section 6449. 409.403 (5) (a) 2. of the statutes is amended to read:
AB150,2119,2217 409.403 (5) (a) 2. The fee for filing and indexing and for stamping a copy
18furnished by the secured party to show the date and place of filing for an amendment
19or a continuation statement is $5 if the amendment or statement is on the standard
20form prescribed by the secretary of state department and is $10 if the amendment
21or statement is not on the standard form or if additional pages are attached to the
22standard form.
AB150, s. 6450 23Section 6450. 409.403 (5) (a) 3. of the statutes, as affected by 1993 Wisconsin
24Act 452
, is amended to read:
AB150,2120,4
1409.403 (5) (a) 3. A register of deeds shall forward $3 to the office of the
2secretary of state
department for each original financing statement filed with the
3office of the register of deeds under subd. 1. and for each amendment and each
4continuation statement filed with the office of the register of deeds under subd. 2.
AB150, s. 6451 5Section 6451. 409.403 (5) (b) (title) of the statutes is amended to read:
AB150,2120,76 409.403 (5) (b) (title) Fees for filing with the office of the secretary of state
7department of financial institutions.
AB150, s. 6452 8Section 6452. 409.403 (5) (b) 1. of the statutes is amended to read:
AB150,2120,139 409.403 (5) (b) 1. The fee for filing and indexing and for stamping a copy
10furnished by the secured party to show the date and place of filing for an original
11financing statement is $8 if the statement is on the standard form prescribed by the
12secretary of state department and is $16 if the statement is not on the standard form
13or if additional pages are attached to the standard form.
AB150, s. 6453 14Section 6453. 409.403 (5) (b) 2. of the statutes is amended to read:
AB150,2120,2015 409.403 (5) (b) 2. The fee for filing and indexing and for stamping a copy
16furnished by the secured party to show the date and place of filing for an amendment
17or a continuation statement is $5 if the amendment or statement is on the standard
18form prescribed by the secretary of state department and is $10 if the amendment
19or statement is not on the standard form or if additional pages are attached to the
20standard form.
AB150, s. 6454 21Section 6454. 409.404 (1) (b) of the statutes is amended to read:
AB150,2121,822 409.404 (1) (b) (title) Requirement for filing termination statement with the
23office of secretary of state department of financial institutions. Except as provided in
24par. (c), if a financing statement is filed with the office of the secretary of state
25department, then within one month or within 10 days following written demand by

1the debtor after there is no outstanding secured obligation and no commitment to
2make advances, incur obligations or otherwise give value, the secured party must file
3with the office of the secretary of state department a termination statement to the
4effect that the secured party no longer claims a security interest under the financing
5statement, which shall be identified by file number. A termination statement signed
6by a person other than the secured party of record must be accompanied by a separate
7written statement of assignment signed by the secured party of record complying
8with s. 409.405 (2), including payment of the required fee.
AB150, s. 6455 9Section 6455. 409.404 (1) (c) (intro.) of the statutes is amended to read:
AB150,2121,1310 409.404 (1) (c) (title) Exceptions to requirement for filing termination statement
11with the
office of the secretary of state department of financial institutions. (intro.)
12No termination statement needs to be filed with the office of the secretary of state
13department pursuant to par. (b) if:
AB150, s. 6456 14Section 6456. 409.404 (2) of the statutes is amended to read:
AB150,2121,2415 409.404 (2) On presentation to the filing officer of a termination statement the
16officer must note it in the index. If the officer has received the termination statement
17in duplicate, the officer shall return one copy of the termination statement to the
18secured party stamped to show the time of receipt. If the filing officer has a
19microfilm, other photographic record or optical disk or electronic copy of the
20financing statement, and of any related continuation statement, statement of
21assignment and statement of release, the officer may remove the originals from the
22files at any time after receipt of the termination statement, or if the officer has no
23such record, the officer may remove them from the files at any time after one year
24after receipt of the termination statement.
AB150, s. 6457 25Section 6457. 409.404 (3) (b) of the statutes is amended to read:
AB150,2122,5
1409.404 (3) (b) (title) Fees for filing a termination statement with the office of
2the secretary of state
department of financial institutions. There is no fee for a
3termination statement which is filed with the office of the secretary of state
4department and there is no fee for indexing any name in connection with the
5termination process.
AB150, s. 6458 6Section 6458. 409.405 (1) of the statutes, as affected by 1993 Wisconsin Act
7452
, is amended to read:
AB150,2122,248 409.405 (1) An original financing statement may disclose an assignment of a
9security interest in the collateral described in the financing statement by indication
10in the financing statement of the name and address of the assignee or by an
11assignment itself or a copy thereof on the face or back of the statement. On
12presentation to the filing officer of such a financing statement the filing officer shall
13mark the same as provided in s. 409.403 (4). The fee for filing, indexing and stamping
14a copy furnished by the secured party to show the date and place of filing for an
15original financing statement so indicating an assignment is $8 if the statement is on
16the standard form prescribed by the secretary of state department and is $16 if the
17statement is not on the standard form or if additional pages are attached to the
18standard form. The fee for filing an original financing statement indicating an
19assignment and subject to s. 409.402 (5) is $10 if the statement is on the standard
20form and is $20 if the statement is not on the standard form or if additional pages
21are attached to the standard form. A register of deeds shall forward $3 to the office
22of the secretary of state
department for each original financing statement indicating
23an assignment of a security interest that is filed with the office of the register of
24deeds.
AB150, s. 6459
1Section 6459. 409.405 (2) of the statutes, as affected by 1993 Wisconsin Act
2452
, is amended to read:
AB150,2124,23 409.405 (2) A secured party may assign of record all or part of his or her rights
4under a financing statement by the filing in the place where the original financing
5statement was filed of a separate written statement of assignment signed by the
6secured party of record and setting forth the name of the secured party of record and
7the debtor, the file number and the date of filing of the financing statement and the
8name and address of the assignee and containing a description of the collateral
9assigned. A copy of the assignment is sufficient as a separate statement if it complies
10with the preceding sentence. On presentation to the filing officer of such a separate
11statement, the filing officer shall mark such separate statement with the date and
12hour of the filing. The officer shall note the assignment on the index of the financing
13statement, or in the case of a fixture filing, or a filing covering timber to be cut, or
14covering minerals or the like, including oil and gas, or accounts subject to s. 409.103
15(5), the officer shall index the assignment under the name of the assign or as grantor
16and, to the extent that the law of this state provides for indexing the assignment of
17a mortgage under the name of the assignee, the officer shall index the assignment
18of the financing statement under the name of the assignee. The fee for filing,
19indexing and furnishing filing data about such a separate statement of assignment
20is $5 if the statement is on the standard form prescribed by the secretary of state
21department and is $10 if the statement is not on the standard form or if additional
22pages are attached to the standard form. A register of deeds shall forward $3 to the
23office of the secretary of state department for each statement of assignment filed with
24the office of the register of deeds. Notwithstanding this subsection, an assignment
25of record of a security interest in a fixture contained in a mortgage effective as a

1fixture filing under s. 409.402 (6) may be made only by an assignment of the
2mortgage in the manner provided by the law of this state other than chs. 401 to 411.
AB150, s. 6460 3Section 6460. 409.406 of the statutes, as affected by 1993 Wisconsin Act 452,
4is amended to read:
AB150,2124,21 5409.406 Release of collateral; duties of filing officer; fees. A secured
6party of record may by his or her signed statement release all or a part of any
7collateral described in a filed financing statement. The statement of release is
8sufficient if it contains a description of the collateral being released, the name and
9address of the debtor, the name and address of the secured party, and the file number
10of the financing statement. A statement of release signed by a person other than the
11secured party of record must be accompanied by a separate written statement of
12assignment signed by the secured party of record and complying with s. 409.405 (2),
13including payment of the required fee. Upon presentation of such a statement of
14release to the filing officer, the officer shall mark the statement with the hour and
15date of filing and shall note the same upon the margin of the index of the filing of the
16financing statement. The fee for filing and noting such a statement of release is $5
17if the statement is on the standard form prescribed by the secretary of state
18department and is $10 if the statement is not on the standard form or if additional
19pages are attached to the standard form. A register of deeds shall forward $3 to the
20office of the secretary of state department for each statement of release filed with the
21office of the register of deeds.
AB150, s. 6461 22Section 6461. 409.407 (2) (c) of the statutes is created to read:
AB150,2125,223 409.407 (2) (c) For providing any service under par. (a) or (b) in an expeditious
24manner, the secretary of state may charge and collect an expedited service fee of $25
25in addition to any fee required under par. (a) or (b). Only one expedited service fee

1may be charged for multiple identical certificates if the certificates are requested at
2the same time and issued at the same time.
AB150, s. 6462 3Section 6462. 409.407 (2) (c) of the statutes, as created by 1995 Wisconsin Act
4.... (this act), is amended to read:
AB150,2125,95 409.407 (2) (c) For providing any service under par. (a) or (b) in an expeditious
6manner, the secretary of state department may charge and collect an expedited
7service fee of $25 in addition to any fee required under par. (a) or (b). Only one
8expedited service fee may be charged for multiple identical certificates if the
9certificates are requested at the same time and issued at the same time.
AB150, s. 6463 10Section 6463. 409.409 of the statutes is amended to read:
AB150,2125,15 11409.409 Storage of records. Whenever in this chapter a filing officer is
12required to mark, index or file any financing statement, termination statement,
13continuation statement, statement of assignment or statement of release, the officer
14may destroy the original statement after a microfilm or other photographic copy or
15an optical disk or electronic copy has been prepared and filed for retention.
AB150, s. 6464 16Section 6464. 409.410 (1) of the statutes is amended to read:
AB150,2125,2017 409.410 (1) The office of the secretary of state department and the office of each
18register of deeds in this state shall establish and maintain at least one computer
19terminal allowing the direct entry into permanent computer storage and the direct
20retrieval from permanent computer storage of information under sub. (2).
AB150, s. 6465 21Section 6465. 409.410 (2) of the statutes is amended to read:
AB150,2126,322 409.410 (2) Beginning 30 days after notification by the secretary of state
23department, each filing officer shall enter all information contained in all financing
24statements, amendments, termination statements, continuation statements,
25statements of assignment and statements of release submitted for filing, indexing

1or marking under ss. 409.401 to 409.408, including the date and time of filing these
2statements or amendments, into permanent computer storage by means of a
3computer terminal established and maintained under sub. (1).
AB150, s. 6466 4Section 6466. 422.501 (2) (b) 8. of the statutes is amended to read:
AB150,2126,75 422.501 (2) (b) 8. A person registered as a mortgage banker, loan originator or
6loan solicitor under s. 440.72 224.72 if the person is acting within the course and
7scope of that registration.
AB150, s. 6467 8Section 6467. 422.505 (1) (d) of the statutes is amended to read:
AB150,2126,119 422.505 (1) (d) The credit services organization's principal business address
10and the name and address of its agent in this state, other than the secretary of state
11department of revenue, who is authorized to receive service of process.
AB150, s. 6468 12Section 6468. 422.505 (1) (e) of the statutes is amended to read:
AB150,2126,1713 422.505 (1) (e) A conspicuous statement, in not less than 8-point boldface type,
14as follows: "THIS CREDIT SERVICES ORGANIZATION IS REGISTERED BY THE
15OFFICE OF THE COMMISSIONER OF BANKING, P.O. BOX 7876, MADISON,
16WISCONSIN 53707
DEPARTMENT OF FINANCIAL INSTITUTIONS at .... (insert
17address)
."
AB150, s. 6469 18Section 6469. 426.103 of the statutes is amended to read:
AB150,2126,20 19426.103 Administrator. "Administrator" means the commissioner of banking
20(s. 220.02)
department of financial institutions.
AB150, s. 6470 21Section 6470. 426.104 (2) (intro.) of the statutes is amended to read:
AB150,2127,322 426.104 (2) (intro.) The administrator shall report annually on practices in
23consumer transactions, on the use of consumer credit in the state, on problems
24attending the collection of debts, on the problems of persons of limited means in
25consumer transactions, and on the operation of chs. 421 to 427. For the purpose of

1making the report, the administrator may conduct research and make appropriate
2studies. The report shall be included in the report of the commissioner of banking
3department of financial institutions under s. 220.14 and shall include:
AB150, s. 6471 4Section 6471. 426.110 (4) (b) of the statutes is amended to read:
AB150,2127,95 426.110 (4) (b) Such notice shall be in writing and shall be sent by certified or
6registered mail, return receipt requested, to such person at the place where the
7transaction occurred, such person's principal place of business within this state, or,
8if neither will effect actual notice, the office of the secretary of state of this state
9department of revenue.
AB150, s. 6472 10Section 6472. 426.202 (3) of the statutes is amended to read:
AB150,2127,1411 426.202 (3) A licensee under ss. 138.09, 138.12, 218.01, 218.04 and 218.11 and
12ch. 186 shall receive a credit for the amount of fees paid to the commissioner of
13banking
department of financial institutions or the commissioner office of credit
14unions under each of those sections for the fees in sub. (1).
AB150, s. 6473 15Section 6473. 440.05 (1) (a) of the statutes is amended to read:
AB150,2127,1816 440.05 (1) (a) Initial credential: $34 $39. Each applicant for an initial
17credential shall pay the initial credential fee to the department when the application
18materials for the initial credential are submitted to the department.
AB150, s. 6474 19Section 6474. 440.05 (2) of the statutes is amended to read:
AB150,2127,2420 440.05 (2) Reciprocal credential: $50 , including any credential described in s.
21440.01 (2) (d) and any credential that permits temporary practice in this state in
22whole or in part because the person holds a credential in another jurisdiction: The
23applicable credential renewal fee under s. 440.08 (2) (a) and, if an examination is
24required, an examination fee under sub. (1)
.
AB150, s. 6475 25Section 6475. 440.05 (6) of the statutes is amended to read:
AB150,2128,3
1440.05 (6) Apprentice, journeyman, student or other temporary credential or
2limited permit
, granted pending completion of education, apprenticeship or
3examination requirements
: $10.
AB150, s. 6476 4Section 6476. 440.05 (7) of the statutes is amended to read:
AB150,2128,65 440.05 (7) Replacement of lost credential, name or address change on
6credential, issuance of duplicate credential or transfer of credential: $5 $10.
AB150, s. 6477 7Section 6477. 440.055 of the statutes is created to read:
AB150,2128,10 8440.055 Credit card payments. (1) The department may accept payment
9by credit card of a fee that is required to be paid to the department under chs. 440
10to 480.
AB150,2128,16 11(2) If the department permits the payment of a fee with use of a credit card
12under sub. (1), the department shall charge a credit care service charge for each
13transaction. The credit card service charge shall be in addition to the fee that is being
14paid with the credit card and shall be sufficient to pay the costs to the department
15for providing this service to persons who request it, including the cost of any services
16for which the department contracts under sub. (3).
AB150,2128,18 17(3) The department may contract for services relating to the payment of fees
18by credit card under this section.
AB150, s. 6478 19Section 6478. 440.08 (2) (a) (intro.) of the statutes is amended to read:
AB150,2128,2220 440.08 (2) (a) (intro.) Except as provided in par. (b) and in ss. 440.42, 440.43,
21440.44,
440.51, 442.04, 442.06, 444.03, 444.05, 444.11, 448.065, 449.17, 449.18 and
22459.46, the renewal dates and renewal fees for credentials are as follows:
AB150, s. 6479 23Section 6479. 440.08 (2) (a) (intro.) of the statutes, as affected by 1995
24Wisconsin Act .... (this act), is repealed and recreated to read:
AB150,2129,3
1440.08 (2) (a) (intro.) Except as provided in par. (b) and in ss. 440.51, 442.04,
2442.06, 444.03, 444.05, 444.11, 448.065, 449.17, 449.18 and 459.46, the renewal
3dates and renewal fees for credentials are as follows:
****Note: This is reconciled s. 440.08 (2) (a) (intro.). This Section has been affected by
drafts with the following LRB numbers: 0566/3 and 0567/1.
AB150, s. 6480 4Section 6480. 440.08 (2) (a) 1. of the statutes is amended to read:
AB150,2129,65 440.08 (2) (a) 1. Accountant, certified public: January 1 of each even-numbered
6year; $44 $47.
AB150, s. 6481 7Section 6481. 440.08 (2) (a) 2. of the statutes is amended to read:
AB150,2129,98 440.08 (2) (a) 2. Accountant, public: January 1 of each even-numbered year;
9$36 $41.
AB150, s. 6482 10Section 6482. 440.08 (2) (a) 3. of the statutes is amended to read:
AB150,2129,1211 440.08 (2) (a) 3. Accounting corporation or partnership: January 1 of each
12even-numbered year; $36 $41.
AB150, s. 6483 13Section 6483. 440.08 (2) (a) 4. of the statutes is amended to read:
AB150,2129,1414 440.08 (2) (a) 4. Acupuncturist: July 1 of each odd-numbered year; $36 $95.
AB150, s. 6484 15Section 6484. 440.08 (2) (a) 4m. of the statutes is created to read:
AB150,2129,1716 440.08 (2) (a) 4m. Advanced practice nurse prescriber: October 1 of each
17even-numbered year; $41.
AB150, s. 6485 18Section 6485. 440.08 (2) (a) 5. of the statutes is amended to read:
AB150,2129,1919 440.08 (2) (a) 5. Aesthetician: July 1 of each odd-numbered year; $54 $70.
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