Wis. Admin. Code Department of Financial Institutions DFI-CCS 3.09

Current through November 25, 2024
Section DFI-CCS 3.09 - Assignment of powers of secured party of record
(1) STATUS OF THE PARTIES. An assignment shall have no effect on the status of the parties to the financing statement, except that each assignee named in the assignment shall become a secured party of record.
(2) STATUS OF FINANCING STATEMENT. An assignment shall have no effect upon the status of the financing statement.

Wis. Admin. Code Department of Financial Institutions DFI-CCS 3.09

CR 01-122: CR Register February 2002 No. 554, eff. 3-1-02.