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2022 Wisconsin Statutes & Annotations
Chapter 629 - Public adjusters.
629.08 - Escrow of funds.
Universal Citation: WI Stat § 629.08 (2022)
629.08 Escrow of funds. A public adjuster who, on behalf of an insured, receives, accepts, or holds any funds for the settlement of a first-party claim shall deposit the funds in a noninterest-bearing escrow account in a federally insured financial institution that is located in the state in which the insured resides or the loss occurred.
History: 2019 a. 129.
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