Wisconsin § 401.309 Option to accelerate at will.

Wisconsin Statutes

§ 401.309 — Option to accelerate at will.

Wisconsin § 401.309

Ch. 401Uniform commercial code — general provisions

Subch.subch. III of ch. 401 SUBCHAPTER III

TERRITORIAL APPLICABILITY AND GENERAL RULES

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Bluebook

Wis. Stat. § 401.309 (2026).

Text

401.309  A term providing that one party or that party’s successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or when the party “deems itself insecure,” or words of similar import, means that the party has power to do so only if that party in good faith believes that the prospect of payment or performance is impaired. The burden of establishing lack of good faith is on the party against which the power has been exercised.

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401.309 A term providing that one party or that party’s successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or when the party “deems itself insecure,” or words of similar import, means that the party has power to do so only if that party in good faith believes that the prospect of payment or performance is impaired. The burden of establishing lack of good faith is on the party against which the power has been exercised.