Wisconsin § 402.401 - Passing of title; reservation for security; limited application of this section.

Full text of Wisconsin Wisconsin Statutes § 402.401 — Passing of title; reservation for security; limited application of this section., with citation guidance and answers to common questions.

§ 402.401. Passing of title; reservation for security; limited application of this section.

Each provision of this chapter with regard to the rights, obligations, and remedies of the seller, the buyer, purchasers, or other 3rd parties applies irrespective of title to the goods except where the provision refers to such title. Insofar as situations are not covered by the other provisions of this chapter and matters concerning title become material the following rules apply: 402.401(1) (1) Title to goods cannot pass under a contract for sale prior to their identification to the contract (s.

Source: official Wisconsin text · Last verified 2026-08-27

Frequently Asked Questions About Wisconsin § 402.401

What does Wisconsin Statutes § 402.401 cover?

Section 402.401 ("Passing of title; reservation for security; limited application of this section.") 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 § 402.401?

A common citation format is "Wisconsin Statutes § 402.401" (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 § 402.401 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.