Wisconsin § 409.609 Secured party’s right to take possession after default.

Wisconsin Statutes

§ 409.609 — Secured party’s right to take possession after default.

Wisconsin § 409.609

Ch. 409Uniform commercial code — secured transactions

Subch.subch. VI of ch. 409 SUBCHAPTER VI

DEFAULT

This text of Wisconsin § 409.609 (Secured party’s right to take possession after default.) 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. § 409.609 (2026).

Text

409.609 409.609(1) (1) Possession; rendering equipment unusable; disposition on debtor’s premises. After default, a secured party: 409.609(1)(a) (a) May take possession of the collateral; and 409.609(1)(b) (b) Without removal, may render equipment unusable and dispose of collateral on a debtor’s premises under s. 409.610 . 409.609(2) (2) Judicial and nonjudicial process. A secured party may proceed under sub.

(1): 409.609(2)(a) (a) Pursuant to judicial process; or 409.609(2)(b) (b) Without judicial process, if it proceeds without breach of the peace. 409.609(3) (3) Assembly of collateral. If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party

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409.609
409.609(1) (1) Possession; rendering equipment unusable; disposition on debtor’s premises. After default, a secured party:
409.609(1)(a) (a) May take possession of the collateral; and
409.609(1)(b) (b) Without removal, may render equipment unusable and dispose of collateral on a debtor’s premises under s. 409.610 .
409.609(2) (2) Judicial and nonjudicial process. A secured party may proceed under sub. (1) :
409.609(2)(a) (a) Pursuant to judicial process; or
409.609(2)(b) (b) Without judicial process, if it proceeds without breach of the peace.
409.609(3) (3) Assembly of collateral. If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties.