Wisconsin § 409.605 Unknown debtor or secondary obligor.

Wisconsin Statutes

§ 409.605 — Unknown debtor or secondary obligor.

Wisconsin § 409.605

Ch. 409Uniform commercial code — secured transactions

Subch.subch. VI of ch. 409 SUBCHAPTER VI

DEFAULT

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Bluebook

Wis. Stat. § 409.605 (2026).

Text

605  A secured party does not owe a duty based on its status as secured party:
605(1) (1) To a person that is a debtor or obligor, unless the secured party knows:
605(1)(a) (a) That the person is a debtor or obligor;
605(1)(b) (b) The identity of the person; and
605(1)(c) (c) How to communicate with the person; or
605(2) (2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:
605(2)(a) (a) That the person is a debtor; and
605(2)(b) (b) The identity of the person.

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409.605 A secured party does not owe a duty based on its status as secured party:
409.605(1) (1) To a person that is a debtor or obligor, unless the secured party knows:
409.605(1)(a) (a) That the person is a debtor or obligor;
409.605(1)(b) (b) The identity of the person; and
409.605(1)(c) (c) How to communicate with the person; or
409.605(2) (2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:
409.605(2)(a) (a) That the person is a debtor; and
409.605(2)(b) (b) The identity of the person.