Form DFI / OCU / 150 Designation of Agent Non-wisconsin Credit Union - Wisconsin

What Is Form DFI/OCU/150?

This is a legal form that was released by the Wisconsin Department of Financial Institutions - a government authority operating within Wisconsin. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the Form DFI/OCU/150?
A: Form DFI/OCU/150 is a designation of agent form for non-Wisconsin credit unions in Wisconsin.

Q: Who needs to fill out Form DFI/OCU/150?
A: Non-Wisconsin credit unions operating in Wisconsin need to fill out this form.

Q: What is the purpose of Form DFI/OCU/150?
A: The form allows non-Wisconsin credit unions to designate an agent for service of process in Wisconsin.

Q: What is an agent for service of process?
A: An agent for service of process is a person or entity authorized to receive legal documents on behalf of a credit union.

Q: Why do non-Wisconsin credit unions need to designate an agent in Wisconsin?
A: Designating an agent ensures that legal documents, such as lawsuits, can be properly served and received by the credit union.

Q: Is there a fee to file Form DFI/OCU/150?
A: No, there is no fee to file this form.

Q: Is Form DFI/OCU/150 required for all non-Wisconsin credit unions operating in Wisconsin?
A: Yes, all non-Wisconsin credit unions operating in Wisconsin must complete and file this form.

Q: What information is required on Form DFI/OCU/150?
A: The form requires the name and address of the credit union, as well as the name and address of the designated agent.

Q: How often does Form DFI/OCU/150 need to be updated?
A: The form should be updated whenever there are changes to the credit union's designated agent or contact information.