Wis. Stat. » CHAPTER 409 — UNIFORM COMMERCIAL CODE — SECURED TRANSACTIONS
Wisconsin Statutes

Wis. Stat. § 409.504 (2026)

Indication of collateral

✓ current as of July 2026
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409.504409.504 Indication of collateral. A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:
409.504(1)(1) A description of the collateral pursuant to s. 409.108; or
409.504(2)(2) An indication that the financing statement covers all assets or all personal property.
409.504 HistoryHistory: 2001 a. 10.
Notes of Decisions
Cited in 13 cases, 1973–2003 · leading case: Nat'l Operating, L.P. v. Mut. Life Ins., 2001 WI 87 (Wis. 2001).
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Nat'l Operating, L.P. v. Mut. Life Ins., 2001 WI 87 (Wis. 2001). · cites it 38× “" Wis. Stat. § 409.504 (2) (emphasis added).”
In the Matter of Disciplinary Proceedings Against Widule, 2003 WI 34 (Wis. 2003). · cites it 2× “1972; failure to comply with Wis. Stat. §§ 409.504 and 409.507; breach of good faith under Wis.”
Nischke v. Farmers & Merchants Bank & Trust, 522 N.W.2d 542 (Wis. Ct. App. 1994). · cites it 4× “Section 409.504, STATS. Here, the remaining undisputed evidence is that Rowley was in default.”
Ford Motor Co. v. Lyons, 405 N.W.2d 354 (Wis. Ct. App. 1987). · cites it 2× “In this regard, the dealership objects to the trial court’s offset instructions on the ground that it somehow "shifted the burden of proof to the defendants and/or confused the requirements of Section 409.504, Stats., with a cause of action under sec.”
Vic Hansen & Sons, Inc. v. Crowley, 203 N.W.2d 728 (Wis. 1973). “Sec. 409.504, Stats., in part, provides: “.”
Portage Cnty. Bank v. Deist, 464 N.W.2d 856 (Wis. Ct. App. 1990). · cites it 3× “Deists next argue that the bank's sales of the Forest Products property transferred to it in the reorganization proceedings were commercially unreasonable and with *801 out notice to the Deists, contrary to sec. 409.504(3), Stats. 4 The provisions of that statute affect only the…”
River Valley State Bank v. Peterson, 453 N.W.2d 193 (Wis. Ct. App. 1990). · cites it 3× “2 *445 Peterson, however, is required by sec. 409.504, Stats., to give notice to the bank of any intended disposition of the property.”
Appleton State Bank v. Van Dyke Ford, Inc., 279 N.W.2d 443 (Wis. 1979). “(b) Sections 409.504(3) and 409.505(1) which deal with disposition of collateral; .”
First Nat'l Bank of Kenosha v. Hinrichs, 279 N.W.2d 449 (Wis. 1979). · cites it 2× “ION FOR A DEFICIENCY JUDGMENT, FOLLOWING NOTICE AND PUBLIC SALE OF COLLATERAL CONSISTING OF PUBLICLY TRADED SECURITIES, IS AN OTHERWISE COMMERCIALLY REASONABLE SALE RENDERED UNREASONABLE BY THE FACT THAT THE SECURED PARTY WAITED SEVEN MONTHS AFTER DEFAULT TO SELL THE COLLATERAL?…”
S. Wisconsin Cattle Credit Co. v. Lemkau, 412 N.W.2d 159 (Wis. Ct. App. 1987). · cites it 2× “Section 409.504(3), Stats. The secured party’s right to a deficiency judgment remains inchoate until the secured party has demonstrated that its sale complied with ch.”
Holt v. Ellsworth Farmers Union Co-Op, 347 N.W.2d 612 (Wis. Ct. App. 1984). · cites it 2× “Section 409.504, Stats., controls the secured party’s sale of collateral after default.”
Dorman v. Morris, 519 N.W.2d 685 (Wis. Ct. App. 1994). · cites it 4× “*849 Morris's arguments are misplaced. A creditor in possession of a debtor's collateral "must use reasonable care in the custody and preservation" of the collateral.”
Show all 13 citing cases →
— Wis. Stat. § 409.504(1) — 1 case
River Valley State Bank v. Peterson, 453 N.W.2d 193 (Wis. Ct. App. 1990). “2 *445 Peterson, however, is required by sec. 409.504, Stats., to give notice to the bank of any intended disposition of the property.”
— Wis. Stat. § 409.504(2) — 1 case
Nat'l Operating, L.P. v. Mut. Life Ins., 2001 WI 87 (Wis. 2001). “" Wis. Stat. § 409.504 (2) (emphasis added).”
— Wis. Stat. § 409.504(3) — 5 cases
Nat'l Operating, L.P. v. Mut. Life Ins., 2001 WI 87 (Wis. 2001). “" Wis. Stat. § 409.504 (2) (emphasis added).”
Portage Cnty. Bank v. Deist, 464 N.W.2d 856 (Wis. Ct. App. 1990). “Deists next argue that the bank's sales of the Forest Products property transferred to it in the reorganization proceedings were commercially unreasonable and with *801 out notice to the Deists, contrary to sec. 409.504(3), Stats. 4 The provisions of that statute affect only the…”
Appleton State Bank v. Van Dyke Ford, Inc., 279 N.W.2d 443 (Wis. 1979). “(b) Sections 409.504(3) and 409.505(1) which deal with disposition of collateral; .”
First Nat'l Bank of Kenosha v. Hinrichs, 279 N.W.2d 449 (Wis. 1979). “ION FOR A DEFICIENCY JUDGMENT, FOLLOWING NOTICE AND PUBLIC SALE OF COLLATERAL CONSISTING OF PUBLICLY TRADED SECURITIES, IS AN OTHERWISE COMMERCIALLY REASONABLE SALE RENDERED UNREASONABLE BY THE FACT THAT THE SECURED PARTY WAITED SEVEN MONTHS AFTER DEFAULT TO SELL THE COLLATERAL?…”
S. Wisconsin Cattle Credit Co. v. Lemkau, 412 N.W.2d 159 (Wis. Ct. App. 1987). “Section 409.504(3), Stats. The secured party’s right to a deficiency judgment remains inchoate until the secured party has demonstrated that its sale complied with ch.”
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