Wis. Stat. § 629.08

Current through Acts 2023-2024, ch. 272
Section 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.

Wis. Stat. § 629.08

Added by Acts 2019 ch, 129,s 7, eff. 7/1/2020.