Security interests arising under ch. 402 or 411

Wis. Stat. § 409.110
in effect
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A security interest arising under s. 402.401, 402.505, 402.711 (3), or 411.508 (5) is subject to this chapter. However, until the debtor obtains possession of the goods: (1) The security interest is enforceable, even if s. 409.203 (2) (c) has not been satisfied; (2) Filing is not required to perfect the security interest; (3) The rights of the secured party after default by the debtor are governed by ch. 402 or 411; and (4) The security interest has priority over a conflicting security interest created by the debtor.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/409.110Fetched: 10/7/2026