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.
Contact Us
Phone: (608) 266-2139
Email: DFISecurities@dfi.wisconsin.gov