Untitled section

426.104

 

Powers of administrator; duty to report.

426.104(1)

(1)

 

In addition to other powers granted by chs. 421 to 427 and 429 , the administrator within the limitations provided by law shall:

426.104(1)(a)

(a)

Receive and act on complaints, take action designed to obtain voluntary compliance with chs. 421 to 427 and 429 , commence administrative proceedings on his or her own initiative and commence civil actions solely through the department of justice;

426.104(1)(b)

(b)

Counsel persons and groups on their rights and duties under chs. 421 to 427 and 429 ;

426.104(1)(c)

(c)

Make studies appropriate to effectuate the purposes and policies of chs. 421 to 427 and 429 and make the results available to the public;

426.104(1)(d)

(d)

Hold such public or private hearings as the administrator deems necessary or proper to effectuate the purposes and policies of chs. 421 to 427 and 429 ;

426.104(1)(e)

(e)

Adopt, amend and repeal rules to carry out the purposes and policies of chs. 421 to 427 and 429 , to prevent circumvention or evasion thereof, or to facilitate compliance therewith.

426.104(2)

(2)

 

The administrator shall report annually on practices in consumer transactions, on the use of consumer credit in the state, on problems attending the collection of debts, on the problems of persons of limited means in consumer transactions, and on the operation of chs. 421 to 427 and 429 . For the purpose of making the report, the administrator may conduct research and make appropriate studies. The report shall be given to the division of banking for inclusion in the report of the division of banking under s.