Wisconsin § 409.104 - Control of deposit account.
Full text of Wisconsin Wisconsin Statutes § 409.104 — Control of deposit account., with citation guidance and answers to common questions.
§ 409.104. Control of deposit account.
409.104(1) (1) Requirements for control. A secured party has control of a deposit account if: 409.104(1)(a) (a) The secured party is the bank with which the deposit account is maintained; 409.104(1)(b) (b) The debtor, secured party, and bank have agreed in an authenticated record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor; or 409.104(1)(c) (c) The secured party becomes the bank’s customer with respect to the deposit account. 409.104(2) (2) Debtor’s right to direct disposition. A secured party that has satisfied sub. (1) has control, even if the debtor retains the right to direct the disposition of funds from the deposit account. 409.104 History History: 2001 a. 10 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 409.104
What does Wisconsin Statutes § 409.104 cover?
Section 409.104 ("Control of deposit account.") 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 § 409.104?
A common citation format is "Wisconsin Statutes § 409.104" (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 § 409.104 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.