Wisconsin § 424.301 - Restrictions on property insurance.
Full text of Wisconsin Wisconsin Statutes § 424.301 — Restrictions on property insurance., with citation guidance and answers to common questions.
§ 424.301. Restrictions on property insurance.
424.301(1) (1) A creditor may not contract for a separate charge or receive a separate charge for insurance against loss of or damage to property in which the creditor holds a security interest or to property leased under a motor vehicle consumer lease unless all of the following conditions are met: 424.301(1)(a) (a) The insurance covers a substantial risk of loss or damage to property which is allowable collateral under s.
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 424.301
What does Wisconsin Statutes § 424.301 cover?
Section 424.301 ("Restrictions on property insurance.") 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 § 424.301?
A common citation format is "Wisconsin Statutes § 424.301" (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 § 424.301 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.