Wisconsin § 244.45 Tangible personal property.

Wisconsin Statutes

§ 244.45 — Tangible personal property.

Wisconsin § 244.45

Ch. 244Uniform power of attorney for finances and property

Subch.subch. II of ch. 244 SUBCHAPTER II

AUTHORITY

This text of Wisconsin § 244.45 (Tangible personal property.) 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. § 244.45 (2026).

Text

45  Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to do all of the following:
45(1) (1) Demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property.
45(2) (2) Sell; exchange; convey with or without covenants, representations, or warranties; quit claim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or otherwise dispose of tangible personal property or an interest in tangible personal property.
45(3) (3) Grant a security interest in tangible personal prope

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244.45 Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to do all of the following:
244.45(1) (1) Demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property.
244.45(2) (2) Sell; exchange; convey with or without covenants, representations, or warranties; quit claim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or otherwise dispose of tangible personal property or an interest in tangible personal property.
244.45(3) (3) Grant a security interest in tangible personal property or an interest in tangible personal property as security to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed by the principal.
244.45(4) (4) Release, assign, satisfy, or enforce by litigation or otherwise, a security interest, lien, or other claim on behalf of the principal, with respect to tangible personal property or an interest in tangible personal property.
244.45(5) (5) Manage or conserve tangible personal property or an interest in tangible personal property on behalf of the principal, including by doing any of the following:
244.45(5)(a) (a) Insuring against liability or casualty or other loss.
244.45(5)(b) (b) Obtaining or regaining possession of or protecting the property or interest, by litigation or otherwise.
244.45(5)(c) (c) Paying, assessing, compromising, or contesting taxes or assessments or applying for and receiving refunds in connection with taxes or assessments.
244.45(5)(d) (d) Moving the property from place to place.
244.45(5)(e) (e) Storing the property for hire or under a gratuitous bailment.
244.45(5)(f) (f) Using and making repairs, alterations, or improvements to the property.
244.45(6) (6) Change the form of title of an interest in tangible personal property.