616.50 Definitions.

364 words·~2 min read·/wi/chapter-616/616-50-5

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

616.50 Definitions. In this subchapter:

(1)“Administration” includes any of the following activities performed on behalf of a provider:

(a)Approving or disapproving claims, paying claims, or controlling the claims adjustment process.

(b)Arranging for or controlling the purchase of insurance associated with the offering of service contracts.

(c)Maintaining records or submitting filings required under this subchapter on behalf of a provider.

(d)Collecting provider fees from service contract sellers and remitting the provider fees to the provider.

(2)“Administrator” means a person appointed by a provider under s. 616.54

(1)to be responsible for any or all of the administration of service contracts and compliance with this subchapter.

(3)“Commissioner” means the commissioner of insurance.

(4)“Consumer” means an individual who buys other than for purposes of resale any tangible personal property that is distributed in commerce and that is normally used for personal, family, or household purposes and not for business or research purposes.

(5)“Maintenance agreement” means a contract of a specified duration that provides for scheduled maintenance only and does not include repair or replacement.

(6)“Motor vehicle manufacturer” means a person that does or satisfies any of the following:

(a)Manufactures or produces motor vehicles and sells motor vehicles under its own name or label.

(b)Is a subsidiary of the person that manufactures or produces motor vehicles.

(c)Is a corporation that owns 100 percent of the person that manufactures or produces motor vehicles.

(d)Manufactures or produces motor vehicles and sells motor vehicles under the trade name or label of another person that manufactures or produces motor vehicles.

(e)Does not manufacture or produce motor vehicles but, pursuant to a written contract, licenses the use of its trade name or label to another person that manufactures or produces motor vehicles and that sells motor vehicles under the licensor’s trade name or label.

(7)“Nonoriginal manufacturer’s parts” means replacement parts for property that are not made for or by the original manufacturer of the property.

(8)“Provider” means a person that is contractually obligated to a service contract holder under the terms of a service contract.

(9)“Provider fee” means the consideration paid for a service contract.