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2022 Wisconsin Statutes & Annotations
Chapter 409 - Uniform commercial code — secured transactions.
409.402 - Secured party not obligated on contract of debtor or in tort.
Universal Citation: WI Stat § 409.402 (2022)
409.402 Secured party not obligated on contract of debtor or in tort. The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor's acts or omissions.
History: 2001 a. 10.
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