342.24 – Method of perfecting exclusive.
342.24 Method of perfecting exclusive. Subject to s. 409.311 (4), the method provided in this chapter of perfecting and giving notice of security interests subject to this chapter is exclusive. Security interests subject to this chapter are hereby exempted from the provisions of law which otherwise require or relate to the filing of instruments creating […]
342.245 – Electronic processing of certain applications.
342.245 Electronic processing of certain applications. (1) Except as provided in sub. (3), a secured party shall file a security interest statement and pay the fee under s. 342.19 (2) (a) 2. and deliver a release of a security interest under s. 342.22 (1) (b) utilizing an electronic process prescribed by the department under sub. […]
342.25 – Suspension or revocation of certificate.
342.25 Suspension or revocation of certificate. (1) The department shall suspend or revoke a certificate of title if it finds any of the following: (a) The certificate of title was fraudulently procured, erroneously issued or prohibited by law. (b) The vehicle has been scrapped, dismantled or destroyed. (c) A transfer of title is set aside […]
342.255 – Cancellation of title or registration.
342.255 Cancellation of title or registration. The department shall cancel a title or registration whenever: (1) A transfer of title is set aside by the court by order or judgment; or (2) Fraud on the department or an agent of the department is discovered by the department; or (3) It is subsequently discovered that the […]
342.26 – Hearings and appeal.
342.26 Hearings and appeal. Any person aggrieved by an act or omission of the department under this chapter is entitled, upon request, to a hearing and judicial review thereof in accordance with ch. 227. Contested cases shall be heard and decided by the division of hearings and appeals. History: 1977 c. 29 ss. 1454, 1654 […]
342.20 – Duties on creation of security interest.
342.20 Duties on creation of security interest. If an owner creates a security interest in a vehicle, unless the name and address of the secured party already is contained on the certificate of title for the vehicle: (1) The owner shall immediately execute, in the space provided therefor on the certificate of title or on […]
342.21 – Assignment of security interest.
342.21 Assignment of security interest. (1) Except as otherwise provided in s. 409.308 (5), a secured party may assign, absolutely or otherwise, the party’s security interest in the vehicle to a person other than the owner without affecting the interest of the owner or the validity of the security interest, but any person without notice […]
342.22 – Release of security interest.
342.22 Release of security interest. (1) Within one month or within 10 days following written demand by the debtor after there is no outstanding obligation and no commitment to make advances, incur obligations or otherwise give value, secured by the security interest in a vehicle under any security agreement between the owner and the secured […]
342.23 – Secured party’s and owner’s duties.
342.23 Secured party’s and owner’s duties. (1) A secured party named in a certificate of title shall, upon written request of the owner or of another secured party named on the certificate, disclose any pertinent information as to the party’s security agreement and the indebtedness secured by it. (2) An owner or person in possession […]
342.157 – Motor vehicle salvage pools and auction companies to maintain records.
342.157 Motor vehicle salvage pools and auction companies to maintain records. For each motor vehicle sold by a motor vehicle salvage pool or auction company, the motor vehicle salvage pool or auction company shall establish and maintain a record of each sale, including the mileage disclosure of the transferor under s. 342.155. The department shall […]