{"data":{"id":"us-wi/wis.-stat.-409.1035","jurisdiction":"us-wi","citation":"Wis. Stat. § 409.1035","heading":"Production-money crops; production-money obligation; production-money security interest; burden of establishing.","body":"(1) A security interest in crops is a production-money security interest to the extent that the crops are production-money crops.\n(2) If the extent to which a security interest is a production-money security interest depends on the application of a payment to a particular obligation, the payment must be applied in the following order until fully applied:\n(a) First, to all production-money obligations secured by production-money crops, in the order in which those obligations were incurred;\n(b) Second, to all obligations secured by conflicting security interests in the production-money crops referred to in par. (a), in the order in which those obligations were incurred; and\n(c) Third, to all unsecured obligations of the debtor making the payment, in the order in which those obligations were incurred.\n(3) A production-money security interest does not lose its status as such, even if:\n(a) The production-money crops also secure an obligation that is not a production-money obligation;\n(b) Collateral that is not production-money crops also secures the production-money obligation; or\n(c) The production-money obligation has been renewed, refinanced, or restructured.\n(4) A secured party claiming a production-money security interest has the burden of establishing the extent to which the security interest is a production-money security interest.\n(5) This section does not affect any right to proceeds under s. 409.315.\n(6) A person may not claim a purchase-money security interest in crops grown, growing, or to be grown.","path":["Chs. 401-411, Uniform Commercial Code","Chapter 409 Uniform Commercial Code — Secured Transactions","SUBCHAPTER I GENERAL PROVISIONS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/409.1035","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:22Z","sha256":"b77774a30200ec0378ab1fbb1c742d0c62a2e9f2c2ce81ff36fd2bccc12b68dc","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-409.103","next":"us-wi/wis.-stat.-409.104"},"notice":"GroundRules: Original legal text. Not legal advice."}