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Section 402.725 - Statute of limitations in contracts for sale (1) An action for breach of any contract for sale must be commenced within 6 years after the cause of action has accrued. By the original agreement the parties, if they are merchants, may reduce the period of limitation to not less than one year.
Under sub. (5), a misuse of contractor trust funds can form the basis of a prosecution for criminal theft by contractor under s. 943.20.
Theft by a contractor involves the misappropriation of those funds by the prime contractor that are needed for the project to pay suppliers and subcontractors. Essentially, the funds that were supposed to be used to pay the subcontractors and suppliers were used for a different purpose.
The Dwelling Contractor Qualifier license is your personal license, held under your name, and requires 12 hours of continuing education every 2 years. This license renews every other year. The Dwelling Contractor license is for your business, held under the business name, and does NOT require continuing education.
Pursuant to WI Stat. 101.654(1)(a), you are required to have the Dwelling Contractor Certification and Dwelling Contractor Qualifier Certification if you are doing general construction work, such as siding, insulation, and roofing, on one- or two-family homes that require you to pull building permits.
Wisconsin doesn't explicitly offer a general contractor license. Instead, it requires contractors performing the typical duties of a GC to carry a Dwelling Contractor License. In order to get a Dwelling Contractor License, you must first acquire a Dwelling Contractor Qualifier License.
?State of Wisconsin ? Prompt Payment Law Wisconsin's prompt payment law requires that state agencies make payments (issue a check or deposit an ACH payment) no later than 30-days from receipt of a properly-completed invoice (or receipt of the goods or services if later).
Wisconsin Statute of Limitations for Criminal Cases Felonies ? six years; Misdemeanors ? three years; Second degree reckless homicide ? 15 years; First degree intentional homicide ? no limit; First degree reckless homicide ? no limit; Felony murder ? no limit; Second degree intentional homicide ? no limit;