Wisconsin Statutes

Wis. Stat. § 409.202 (2026)

Title to collateral immaterial

✓ current as of July 2026
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409.202409.202Title to collateral immaterial. Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles, or promissory notes, the provisions of this chapter with regard to rights and obligations apply whether title to collateral is in the secured party or the debtor.
409.202 HistoryHistory: 2001 a. 10.
409.202 AnnotationA person with a voidable title in property, having the power to pass title to a good faith purchaser under s. 402.403, may transfer a security interest in that property. National Pawn Brokers Unlimited v. Osterman, Inc., 176 Wis. 2d 418, 500 N.W.2d 407 (Ct. App. 1993).
409.202 NoteNOTE: The above annotation cites to the pre-2001 Wis. Act 10 version of this section.
Notes of Decisions
Cited in 2 cases, 1979–1982 · leading case: Matter of Kochell, 26 B.R. 86 (Bankr. W.D. Wis. 1982).
Matter of Kochell, 26 B.R. 86 (Bankr. W.D. Wis. 1982). · cites it 2× “Although there was no evidence that the title to the furniture had passed to Kochell, under Wis. Stat. § 409.202 , title to collateral is immaterial for purposes of article 9.”
United Gen. Leasing, Inc. v. Gehrke Enter., Inc. (In Re Gehrke Enter., Inc.), 1 B.R. 647 (Bankr. W.D. Wis. 1979). · cites it 2× “Wis.Stat. § 409.202. There is no evidence that Leasing availed itself of the protection of Wis.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.