Wisconsin Statutes Banking and Finance (Ch. 214 to 225) § 224.51. College savings program vendor

(a) The person's ability to satisfy record-keeping and reporting requirements.

(b) The fees, if any, that the person proposes to charge account owners.

(c) The person's plan for promoting the college savings program and the investment that the person is willing to make to promote the program.

(d) The minimum initial contribution or minimum contributions that the person will require.

(e) The ability and willingness of the person to accept electronic contributions.

(f) The ability of the person to augment the college savings program with additional, beneficial services related to the program.

(a) That the vendor reimburses the state for all administrative costs that the state incurs for the college savings program.

(b) That a firm of certified public accountants selected by the vendor annually audits the college savings program and provides a copy of the audit to the college savings program board.

(c) That each account owner receives a quarterly statement that identifies the contributions to the college savings account during the preceding quarter, the total contributions to and the value of the college savings account through the end of the preceding quarter and any distributions made during the preceding quarter.

(d) That the vendor communicate to the beneficiary and account owner the requirements of s. 224.50(8).