Terms Used In Wisconsin Statutes 425.206

  • Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
   (1)    Notwithstanding any other provision of law, no merchant may take possession of collateral or goods subject to a consumer lease in this state except when any of the following apply:
      (a)    The customer has surrendered the collateral or leased goods.
      (b)    Judgment for the merchant has been entered in a proceeding for recovery of collateral or leased goods under s. 425.205, or for possession of the collateral or leased goods under s. 425.203 (2).
      (c)    The merchant has taken possession of collateral or leased goods pursuant to s. 425.207 (2).
      (d)    For motor vehicle collateral or goods subject to a motor vehicle consumer lease, the customer has not made a demand as specified in s. 425.205 (1g) (a) 3. and, no sooner than 15 days after the merchant gives the notice specified in s. 425.205 (1g) (a), the merchant has taken possession of the collateral or goods in accordance with sub. (2).
   (2)   In taking possession of collateral or leased goods, no merchant may do any of the following:
      (a)    Commit a breach of the peace.
      (b)    Enter a dwelling used by the customer as a residence except at the voluntary request of a customer.
   (3)   A violation of this section is subject to s. 425.305.