2017 Wisconsin Statutes & Annotations
Chapter 409. Uniform commercial code — secured transactions.
409.510 Effectiveness of filed record.

Universal Citation: WI Stat § 409.510 (2017)

409.510 Effectiveness of filed record.

(1)Filed record effective if authorized. A filed record is effective only to the extent that it was filed by a person that may file it under s. 409.509.

(2)Authorization by one secured party of record. A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.

(3)Continuation statement not timely filed. A continuation statement that is not filed within the 6-month period prescribed by s. 409.515 (4) is ineffective.

History: 2001 a. 10.

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