State Codes and Statutes
Statutes > Wisconsin > 409 > 409.605409.605
409.605 Unknown debtor or secondary obligor. A secured party does not owe a duty based on its status as secured party:409.605(1)
(1) To a person that is a debtor or obligor, unless the secured party knows:409.605(1)(a)
(a) That the person is a debtor or obligor;409.605(1)(b)
(b) The identity of the person; and409.605(1)(c)
(c) How to communicate with the person; or409.605(2)
(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:409.605(2)(a)
(a) That the person is a debtor; and409.605(2)(b)
(b) The identity of the person.409.605 - ANNOT.
History: 2001 a. 10.