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Code · Wisconsin · Chapter 224 — Miscellaneous banking and financial institutions provisions

224.935 Expiration of license.

87 words·~1 min read·/wi/chapter-224/224-935-3

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224.935 Expiration of license.
(1)Generally. Except as provided under sub.
(2), a license issued under this subchapter expires on the June 30 following the date on which the license was issued.
(2)Change in control of licensee. A change in the identity or number of individuals that are in control of a licensee terminates the licensee’s license under this subchapter, unless the licensee applies to the division for and receives a renewal of the license no later than 15 days after the change in control.
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