{"data":{"id":"us-wi/wis.-stat.-409.110","jurisdiction":"us-wi","citation":"Wis. Stat. § 409.110","heading":"Security interests arising under ch. 402 or 411.","body":"A security interest arising under s. 402.401, 402.505, 402.711 (3), or 411.508 (5) is subject to this chapter. However, until the debtor obtains possession of the goods:\n(1) The security interest is enforceable, even if s. 409.203 (2) (c) has not been satisfied;\n(2) Filing is not required to perfect the security interest;\n(3) The rights of the secured party after default by the debtor are governed by ch. 402 or 411; and\n(4) The security interest has priority over a conflicting security interest created by the debtor.","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/409.110","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":"f8c066d79626ff074ffcd85a676276422b5109a19d43dcb0307a76ae71308600","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-409.109","next":"us-wi/wis.-stat.-409.201"},"notice":"GroundRules: Original legal text. Not legal advice."}