Wisconsin § 224.81 - Limitation on actions for commissions and other compensation.
Full text of Wisconsin Wisconsin Statutes § 224.81 — Limitation on actions for commissions and other compensation., with citation guidance and answers to common questions.
§ 224.81. Limitation on actions for commissions and other compensation.
A person who is engaged in the business or acting in the capacity of a mortgage banker, mortgage loan originator, or mortgage broker in this state may not bring or maintain an action in this state to collect a commission, money, or other thing of value for performing an act as a mortgage banker, mortgage loan originator, or mortgage broker without alleging and proving that the person was licensed under this subchapter as a mortgage banker, mortgage loan originator, or mortgage broker when the alleged cause of action arose. 224.81 History History: 1987 a. 359 ; 1987 a. 403 s. 182 ; Stats. 1987 s. 440.81; 1995 a. 27 s. 6603 ; Stats. 1995 s. 224.81; 1997 a. 145 ; 2009 a. 2 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 224.81
What does Wisconsin Statutes § 224.81 cover?
Section 224.81 ("Limitation on actions for commissions and other compensation.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 224.81?
A common citation format is "Wisconsin Statutes § 224.81" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 224.81 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.