Statutes, codes, and regulations
Wisconsin Administrative Code
Agency - Department of Financial InstitutionsDepartment of Financial Institutions-Corporate and Consumer Services
Chapter DFI-CCS 2 - Acceptance And Refusal Of Documents
Section DFI-CCS 2.01 - Role of filing officer

Wis. Admin. Code Department of Financial Institutions DFI-CCS 2.01

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Current through November 25, 2024
Section DFI-CCS 2.01 - Role of filing officer

The duties and responsibilities of the filing officer with respect to the administration of the UCC shall be ministerial. In accepting for filing or refusing to file a UCC document, the filing officer shall not do any of the following:

(1) Determine the legal sufficiency or insufficiency of a document.
(2) Determine that a security interest in collateral exists or does not exist.
(3) Determine that information in the document is correct or incorrect, in whole or in part.
(4) Create a presumption that information in the document is correct or incorrect, in whole or in part.

Wis. Admin. Code Department of Financial Institutions DFI-CCS 2.01

CR 01-122: cr. Register February 2002 No. 554, eff. 3/1/2002.