Wisconsin Statutes
§ 224.76 — Mortgage banker, mortgage loan originator, and mortgage broker trust accounts.
Wisconsin § 224.76
JurisdictionWisconsin
Ch. 224Miscellaneous banking and financial institutions provisions
Subch.subch. III of ch. 224 SUBCHAPTER III
MORTGAGE BANKERS, LOAN ORIGINATORS AND MORTGAGE BROKERS
This text of Wisconsin § 224.76 (Mortgage banker, mortgage loan originator, and mortgage broker trust accounts.) 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. § 224.76 (2026).
Text
224.76 A mortgage banker, mortgage loan originator, or mortgage broker shall deposit in one or more trust accounts all funds other than nonrefundable fees which it receives on behalf of any person, pending disbursement of the funds in accordance with instructions from the person on whose behalf the funds are deposited. A mortgage banker or mortgage broker shall maintain trust accounts in a depository institution. The mortgage banker or mortgage broker shall notify the division of the location of its trust accounts.
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Legislative History
224.76 History History: 1987 a. 359 ; 1987 a. 403 s. 182 ; Stats. 1987 s. 440.76; 1995 a. 27 s. 6597 ; Stats. 1995 s. 224.76; 1997 a. 145 ; 2009 a. 2 .
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Bluebook (online)
Wisconsin § 224.76, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/224.76.