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2012 Wisconsin Statutes & Annotations
177. Uniform unclaimed property act.
177.14 Credit memos.

Universal Citation:
WI Stat § 177.14 (2012 through Act 45)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

177.14  Credit memos.

177.14(1)(1) A credit memo issued in the ordinary course of the issuer's business that remains unclaimed by the owner for more than 5 years after becoming payable or distributable is presumed abandoned.

177.14(2) (2) The amount presumed abandoned under sub. (1) is the amount credited to the recipient of the credit memo.

History: 1983 a. 408; 2001 a. 109.

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