Wis. Admin. Code ATCP § ATCP 116.03

Current through November 25, 2024
Section ATCP 116.03 - Purchase or investment documented

If a recruit is required to make a purchase or investment in order to obtain a work offer, the recruiter shall document that purchase or investment in writing, and shall provide a copy of that written document to the recruit before the recruit agrees to make the purchase or investment. The document shall include all of the following:

(1) The name of the recruit.
(2) The name and permanent address of the recruiter.
(3) The nature of the purchase or investment, and the terms under which it is made.
(4) The amount of the purchase or investment, including any interest or other charges that may apply.
(5) The consideration given by the recruiter in return for the purchase or investment.
(6) A copy of any separate contract or note involved in the purchase or investment. Each contract and each note shall state whether it is subject to assignment.
(7) The terms and conditions of any work offer to which the purchase or investment is related. The terms and conditions shall include all of the following:
(a) The nature of the work offered.
(b) The source from which the recruit will receive his or her earnings, if other than the recruiter.
(c) The form, such as wages, salaries, commissions, or direct profits from sales, in which the recruit will receive his or her earnings.
(d) The agreed rate of pay if applicable, or the agreed method by which earnings will be determined.
(e) Fringe benefits, if any.
(f) Applicable work terms and conditions, including work hours and location. If a recruit is offered sales work in a specific territory, the work offer shall describe that territory and state whether it is exclusive.

Wis. Admin. Code Department of Agriculture, Trade and Consumer Protection ATCP 116.03

Cr. Register, July, 1996, No. 487, eff. 8-1-96.