342.245 Electronic processing of certain applications.
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342.245 Electronic processing of certain applications.
(1)Except as provided in sub.
(3), a secured party shall file a security interest statement and pay the fee under s. 342.19
(a)2. and deliver a release of a security interest under s. 342.22
(b)utilizing an electronic process prescribed by the department under sub.
(4).
(2)Upon receipt of a certificate of title as provided in s. 342.20
(1), a person required to file a security interest statement under sub.
(1)shall destroy the certificate of title.