Pledgee-Executed Transactions

​​​​​​Statute: Wis. Stat. s. 551.202(7)

Used for: Transactions executed by a bona fide pledgee without any purpose of evading Wis. Stat. ch. 551

Filing requirement: Self-executing. No filing or Consent to Service of Process is necessary to claim this exemption.

History: Predecessor statute Wis. Stat. s. 551.23(7) adopted on January 1, 1970. Identical to Uniform Securities Act of 1956 s. 402(b)(7). Renumbered effective January 1, 2009.

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