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Code · Wisconsin · Chapter 409 — Uniform commercial code — secured transactions

409.203 Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.

71 words·~1 min read·/wi/chapter-409/409-203

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409.203 Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
(1)Attachment. A security interest attaches to collateral when it becomes enforceable against the debtor with respect to the collateral, unless an agreement expressly postpones the time of attachment.
(2)Enforceability. Except as otherwise provided in subs.
(3)to
(9), a security interest is enforceable against the debtor and 3rd parties with respect to the collateral only if:
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