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In re Pleckham, Case No. 91-52170-11 (12/20/1991) -- Judge Thomas S. Utschig

Case Summary:
A combine is not a "mobile good" for purposes of Wis. Stat. § 409.103(3). Creditor who did not file a financing statement in Wisconsin within four months of debtors' relocation of collateral to that state lost its priority as to its security interest in that collateral.

Statue/Rule References:
Wis. Stat. § 409.103 -- Perfection of Security Interests - Mobile Goods
Wis. Stat. § 409.103(3)

Key Terms:
Financing Statements -- Multiple State Transactions


Date: 
Friday, December 20, 1991