Wisconsin § 138.20 Discrimination in granting credit or loans prohibited.

Wisconsin Statutes

§ 138.20 — Discrimination in granting credit or loans prohibited.

Wisconsin § 138.20

Ch. 138Money and rates of interest

This text of Wisconsin § 138.20 (Discrimination in granting credit or loans prohibited.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 138.20 (2026).

Text

20
20(1) (1) Rule. No financial organization, as defined under ss. 71.04 (8) (a) and 71.25 (10) (a) , or any other credit granting commercial institution may discriminate in the granting or extension of any form of loan or credit, or of the privilege or capacity to obtain any form of loan or credit, on the basis of the applicant’s physical condition, developmental disability as defined in s. 51.01 (5) , sex or marital status; provided, however, that no such organization or institution shall be required to grant or extend any form of loan or credit to any person who such organization or institution has evidence demonstrating the applicant’s lack of legal capacity to contract therefor or to contract with respect to any mortgage or security interest in collateral related thereto.


Free access — add to your briefcase to read the full text and ask questions with AI

138.20
138.20(1) (1) Rule. No financial organization, as defined under ss. 71.04 (8) (a) and 71.25 (10) (a) , or any other credit granting commercial institution may discriminate in the granting or extension of any form of loan or credit, or of the privilege or capacity to obtain any form of loan or credit, on the basis of the applicant’s physical condition, developmental disability as defined in s. 51.01 (5) , sex or marital status; provided, however, that no such organization or institution shall be required to grant or extend any form of loan or credit to any person who such organization or institution has evidence demonstrating the applicant’s lack of legal capacity to contract therefor or to contract with respect to any mortgage or security interest in collateral related thereto.
138.20(1m) (1m) Spousal credit. A violation of s. 766.56 (1) is a violation of sub. (1) .
138.20(2) (2) Penalty. Any person violating this section may be fined not more than $1,000. Each individual who is discriminated against under this section constitutes a separate violation.
[Note: 138.20 Note NOTE: As to sub. (1m), see notes in 1985 Wis. Act 37 , marital property trailer bill.]