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
File:
Judge:
Date:
Friday, December 20, 1991