§ 411.109 — Option to accelerate at will.
This text of Wisconsin § 411.109 (Option to accelerate at will.) 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.
Text
411.109 411.109(1) (1) A term providing that one party or his or her successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or “when he or she considers himself or herself insecure” or in words of similar import means that he or she has power to do so only if he or she in good faith believes that the prospect of payment or performance is impaired. 411.109(2) (2) With respect to a consumer lease, the burden of establishing good faith under sub.
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Wisconsin § 411.109, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/411.109.