Wis. Stat. § 177.0209

Current through Acts 2023-2024, ch. 272
Section 177.0209 - Proceeds from sale of property in self-service storage facility

Notwithstanding any other provision under this chapter, the proceeds of a sale under s. 704.90 (6) of personal property stored in a leased facility located within a self-service storage facility is presumed abandoned immediately after satisfaction of the operator's lien under s. 704.90 (3) (a).

Wis. Stat. § 177.0209

Renumbered from Wis. Stat. § 177.165 and amended by Acts 2021 ch, 87,s 155, eff. 11/7/2021.
1987 a. 23.

While excess proceeds from sales under s. 704.90(6) are presumed abandoned, nothing in ch. 177 suggests that this presumption may not be overcome. Nothing suggests that the holder may continue to hold the excess proceeds even if the person whose property was sold presents himself or herself in person to the holder or otherwise contacts the holder. Cook v. Public Storage, Inc. 2008 WI App 155, 314 Wis. 2d 426, 761 N.W.2d 645, 07-2077.