Wisconsin § 425.204 - Voluntary surrender of collateral.
Full text of Wisconsin Wisconsin Statutes § 425.204 — Voluntary surrender of collateral., with citation guidance and answers to common questions.
§ 425.204. Voluntary surrender of collateral.
425.204(1) (1) Notwithstanding a waiver by the creditor of the security interest in collateral under s. 425.203 (2) or any other law, the customer shall have the right at any time to voluntarily surrender all of the customer’s rights and interests in the collateral to the merchant. 425.204(2) (2) The rights and obligations of the merchant and customer with respect to collateral voluntarily surrendered as defined in this section shall be governed by subch. VI of ch. 409 , and are not subject to this subchapter. 425.204(3) (3) The surrender of collateral by a customer is not a voluntary surrender if it is made pursuant to a request or demand, other than a notice under s. 425.205 (1g) (a) , by the merchant for the surrender of the collateral, or if it is made pursuant to a threat, statement, or notice, other than a notice under s. 425.205 (1g) (a) , by the merchant that the merchant intends to take possession of the collateral. 425.204 History History: 1971 c. 239 ; 1991 a. 316 ; 2001 a. 10 ; 2005 a. 255 . 425.204 Cross-reference Cross-reference: See also s. DFI-WCA 1.67 , Wis. adm. code. 425.204 Annotation Under the facts of the case, the customer did not “voluntarily surrender” collateral under sub. (3). Wachal v. Ketterhagen Motor Sales, Inc., 81 Wis. 2d 605 , 260 N.W.2d 770 (1978).
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 425.204
What does Wisconsin Statutes § 425.204 cover?
Section 425.204 ("Voluntary surrender of collateral.") 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 § 425.204?
A common citation format is "Wisconsin Statutes § 425.204" (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 § 425.204 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.