Wisconsin Statutes
§ 410.505 — Preclusion of objection to debit of customer’s account.
Wisconsin § 410.505
JurisdictionWisconsin
Ch. 410Uniform commercial code — funds transfers
Subch.subch. V of ch. 410 SUBCHAPTER V
MISCELLANEOUS PROVISIONS
This text of Wisconsin § 410.505 (Preclusion of objection to debit of customer’s account.) 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. § 410.505 (2026).
Text
410.505 If a receiving bank has received payment from its customer with respect to a payment order issued in the name of the customer as sender and accepted by the bank, and the customer received notification reasonably identifying the order, the customer is precluded from asserting that the bank is not entitled to retain the payment unless the customer notifies the bank of the customer’s objection to the payment within one year after the notification was received by the customer.
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Legislative History
410.505 History History: 1991 a. 304 .
Nearby Sections
15
§ 410.101
Short title.§ 410.102
Subject matter.§ 410.103
Payment order; definitions.§ 410.104
Funds transfer; definitions.§ 410.105
Other definitions.§ 410.106
Time payment order is received.§ 410.201
Security procedure.§ 410.204
Refund of payment and duty of customer to report with respect to unauthorized payment order.§ 410.205
Erroneous payment orders.§ 410.207
Misdescription of beneficiary.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 410.505, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/410.505.