Wisconsin Code § 409.523

Information from filing office; sale or license of records
Open in Lexace · Ask the AI about this section
(1) ACKNOWLEDGMENT OF FILING WRITTEN
RECORD. If a person that files a written record requests an acknowledgment of the filing, the filing office shall send to the person an image of the record showing the number assigned to the
record pursuant to s. 409.519 (1) (a) and the date and time of the
filing of the record. However, if the person furnishes a copy of
the record to the filing office, the filing office may instead:
(a) Note upon the copy the number assigned to the record pursuant to s. 409.519 (1) (a) and the date and time of the filing of
the record; and
(b) Send the copy to the person.
(2) ACKNOWLEDGMENT OF FILING OTHER RECORD. If a person files a record other than a written record, the filing office
shall communicate to the person an acknowledgment that
provides:
(a) The information in the record;
(b) The number assigned to the record pursuant to s. 409.519
(1) (a); and
(c) The date and time of the filing of the record.
(3) COMMUNICATION OF REQUESTED INFORMATION. The filing office described in s. 409.501 (1) (b) shall communicate or
otherwise make available in a record the following information to
any person that requests it:
(a) Whether there is on file on a date and time specified by the
filing office, but not a date earlier than 3 business days before the
filing office receives the request, any financing statement that:
1. Designates a particular debtor or, if the request so states,
designates a particular debtor at the address specified in the
request;
2. Has not lapsed under s. 409.515 with respect to all secured
parties of record; or
3. If the request so states, has lapsed under s. 409.515 and a
record of which is maintained by the filing office under s.
409.522 (1);
(b) The date and time of filing of each financing statement;
and
(c) The information provided in each financing statement.
(4) MEDIUM FOR COMMUNICATING INFORMATION. In complying with its duty under sub. (3), the filing office may communicate information in any medium. However, if requested, the filing office shall communicate information by issuing a record that
can be admitted into evidence in the courts of this state without
extrinsic evidence of its authenticity.
(5) TIMELINESS OF FILING-OFFICE PERFORMANCE. The filing
office shall perform the acts required by subs. (1) to (4) at the
time and in the manner prescribed by filing-office rule, but not
later than:
(a) Five business days after the filing office receives the request for requests received before July 1, 2003; and
(b) Two business days after the filing office receives the request for requests received on or after July 1, 2003.
(6) PUBLIC AVAILABILITY OF RECORDS. At least weekly, the
department of financial institutions shall offer to sell or license to
the public on a nonexclusive basis, in bulk, copies of all records
filed in it under this subchapter, in every medium from time to
time available to the department of financial institutions.
(7) LIABILITY OF FILING OFFICER. No filing officer nor any of
the filing officer’s employees or agents shall be subject to personal liability by reason of any error or omission in the performance of any duty under this chapter except in case of misconduct as defined in s. 946.12.

‹ 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.