Wis. Stat. § 422.307: Estimates or approximations.
Where this section sits in the code
- Chs. 421- 429, Wisconsin Consumer Act
- Chapter 422 Consumer Credit Transactions
- SUBCHAPTER III DISCLOSURE AND FORM OF WRITINGS
If at the time disclosures must be made, an amount or other item of information required to be disclosed or needed to determine a required disclosure is unknown or not available to the creditor, and a reasonable effort has been made to ascertain it, the creditor may use an estimated amount or approximation of the information, if:
(1) The estimate or approximation is clearly identified as such, is reasonable and is based on the best information available to the creditor; and
(2) The estimate or approximation is not used for the purpose of circumventing or evading the disclosure requirements of this subchapter.
Collected 2026-09-05T12:01:23Z. Source file · JSON