411.101 – Short title.
411.101 Short title. This chapter may be cited as the uniform commercial code — leases. History: 1991 a. 148.
411.102 – Scope.
411.102 Scope. This chapter applies to any transaction, regardless of form, that creates a lease. History: 1991 a. 148. UCC Now Governs Personal Property Leases. Storm. Wis. Law. Oct. 1992.
411.103 – Definitions and index of definitions.
411.103 Definitions and index of definitions. (1) In this chapter, unless the context requires otherwise: (a) “Buyer in ordinary course of business” means a person who, in good faith and without knowledge that the sale to him or her is in violation of the ownership rights or security interest or leasehold interest of a 3rd […]
411.104 – Leases subject to other law.
411.104 Leases subject to other law. (1) A lease, although subject to this chapter, is also subject to any applicable: (a) Certificate of title statute of this state, including ss. 30.531, 101.9203 and 342.05. (b) Certificate of title statute of another jurisdiction. (c) Consumer protection statute of this state or final consumer protection decision of […]
411.105 – Territorial application of chapter to goods covered by certificate of title.
411.105 Territorial application of chapter to goods covered by certificate of title. Subject to ss. 411.304 (3) and 411.305 (3), with respect to goods covered by a certificate of title issued under a statute of this state or of another jurisdiction, compliance and the effect of compliance or noncompliance with a certificate of title statute […]
411.106 – Limitation on power of parties to consumer lease to choose applicable law and judicial forum.
411.106 Limitation on power of parties to consumer lease to choose applicable law and judicial forum. (1) If the law chosen by the parties to a consumer lease is that of a jurisdiction other than a jurisdiction in which the lessee resides when the lease agreement becomes enforceable or within 30 days thereafter or in […]
411.107 – Waiver or renunciation of claim or right after default.
411.107 Waiver or renunciation of claim or right after default. Any claim or right arising out of an alleged default or breach of warranty may be discharged in whole or in part without consideration by a written waiver or renunciation signed and delivered by the aggrieved party. History: 1991 a. 148.
411.108 – Unconscionability.
411.108 Unconscionability. (1) If the court as a matter of law finds a lease contract or any clause of a lease contract to have been unconscionable when it was made, the court may refuse to enforce the lease contract, or it may enforce the remainder of the lease contract without the unconscionable clause, or it […]
411.109 – Option to accelerate at will.
411.109 Option to accelerate at will. (1) A term providing that one party or his or her successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or “when he or she considers himself or herself insecure” or in words of similar import means that he or she has […]