Section DFI-CCS 3.10 - Continuation(1) CONTINUATION OF LAPSE DATE. Upon the timely filing of one or more continuations by any secured party of record, the lapse date of the financing statement shall be postponed for 5 years.(2) STATUS OF PARTIES. The filing of a continuation shall have no effect upon the status of any party to the financing statement.(3) STATUS OF FINANCING STATEMENT. Upon the filing of a continuation statement, the status of the financing statement shall remain active.Wis. Admin. Code Department of Financial Institutions DFI-CCS 3.10
CR 01-122: CR Register February 2002 No. 554, eff. 3-1-02.