Wisconsin § 177.0604 Effect of payment or delivery of property to administrator.

Wisconsin Statutes

§ 177.0604 — Effect of payment or delivery of property to administrator.

Wisconsin § 177.0604

Ch. 177Uniform unclaimed property act

Subch.subch. VI of ch. 177 SUBCHAPTER VI

TAKING CUSTODY OF PROPERTY BY ADMINISTRATOR

This text of Wisconsin § 177.0604 (Effect of payment or delivery of property to administrator.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 177.0604 (2026).

Text

0604
0604(1) (1) On payment or delivery of property to the administrator under this chapter, the administrator, as agent for the state, assumes custody and responsibility for safekeeping the property. A holder that pays or delivers property to the administrator in good faith and substantially complies with ss. 177.0501 and 177.0502 is relieved of liability arising thereafter with respect to payment or delivery of the property to the administrator.
0604(2) (2) This state shall defend and indemnify a holder against liability on a claim against the holder resulting from the payment or delivery of property to the administrator made in good faith and after the holder substantially complied with ss. 177.0501 and 177.0502 .

Free access — add to your briefcase to read the full text and ask questions with AI

177.0604
177.0604(1) (1) On payment or delivery of property to the administrator under this chapter, the administrator, as agent for the state, assumes custody and responsibility for safekeeping the property. A holder that pays or delivers property to the administrator in good faith and substantially complies with ss. 177.0501 and 177.0502 is relieved of liability arising thereafter with respect to payment or delivery of the property to the administrator.
177.0604(2) (2) This state shall defend and indemnify a holder against liability on a claim against the holder resulting from the payment or delivery of property to the administrator made in good faith and after the holder substantially complied with ss. 177.0501 and 177.0502 .