Wisconsin Code § 409.522

Maintenance and destruction of records
Open in Lexace · Ask the AI about this section
(1)
POSTLAPSE MAINTENANCE AND RETRIEVAL OF INFORMATION.
The filing office shall maintain a record of the information provided in a filed financing statement for at least one year after the
effectiveness of the financing statement has lapsed under s.
409.515 with respect to all secured parties of record. The record
must be retrievable by using the name of the debtor and:
(a) If the record was filed or recorded in the filing office described in s. 409.501 (1) (a), by using the file number assigned to
the initial financing statement to which the record relates and the
date on which the record was filed or recorded; or
(b) If the record was filed in the filing office described in s.
409.501 (1) (b), by using the file number assigned to the initial financing statement to which the record relates.
(2) DESTRUCTION OF WRITTEN RECORDS. Except to the extent that a statute governing disposition of public records provides otherwise, the filing office may destroy immediately any
written record evidencing a financing statement. However, if the
filing office destroys a written record, it shall maintain another
record of the financing statement which complies with sub. (1).

‹ Prev All Wisconsin sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.