Wisconsin § 404.303 - When items subject to notice, stop-payment order, legal process or setoff; order
Full text of Wisconsin Wisconsin Statutes § 404.303 — When items subject to notice, stop-payment order, legal process or setoff; order, with citation guidance and answers to common questions.
§ 404.303. When items subject to notice, stop-payment order, legal process or setoff; order
When items subject to notice, stop-payment order, legal process or setoff; order in which items may be charged or certified. 404.303(1) (1) Any knowledge, notice or stop-payment order received by, legal process served upon or setoff exercised by a payer bank comes too late to terminate, suspend or modify the bank’s right or duty to pay an item or to charge its customer’s account for the item if the knowledge, notice, stop-payment order or legal process is received or served and a reasonable time for the bank to act thereon expires or the setoff is exercised after the earliest of the following: 404.303(1)(a) (a) The bank accepts or certifies the item. 404.303(1)(b) (b) The bank pays the item in cash. 404.303(1)(c) (c) The bank settles for the item without having a right to revoke the settlement under statute, clearinghouse rule or agreement. 404.303(1)(d) (d) The bank becomes accountable for the amount of the item under s.
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 404.303
What does Wisconsin Statutes § 404.303 cover?
Section 404.303 ("When items subject to notice, stop-payment order, legal process or setoff; order") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 404.303?
A common citation format is "Wisconsin Statutes § 404.303" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 404.303 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.