Limitation on actions for commissions and other compensation

Wis. Stat. § 224.81
in effect
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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.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/224.81Fetched: 10/7/2026