State Codes and Statutes
Statutes > Wisconsin > 409 > 409.609409.609
409.609 Secured party's right to take possession after default.409.609(1)
(1) Possession; rendering equipment unusable; disposition on debtor's premises. After default, a secured party:409.609(1)(a)
(a) May take possession of the collateral; and409.609(1)(b)
(b) Without removal, may render equipment unusable and dispose of collateral on a debtor's premises under s. 409.610.409.609(2)
(2) Judicial and nonjudicial process. A secured party may proceed under sub. (1):409.609(2)(a)
(a) Pursuant to judicial process; or409.609(2)(b)
(b) Without judicial process, if it proceeds without breach of the peace.409.609(3)
(3) Assembly of collateral. If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties.409.609 - ANNOT.
History: 2001 a. 10.