GroundRules
Wis. Stat. § 409.332: Transfer of money; transfer of funds from deposit account.
Where this section sits in the code
- Chs. 401-411, Uniform Commercial Code
- Chapter 409 Uniform Commercial Code — Secured Transactions
- SUBCHAPTER III PERFECTION AND PRIORITY
(1) Transferee of money. A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(2) Transferee of funds from deposit account. A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
Collected 2026-09-05T12:01:22Z. Source file · JSON