Judicial Sales
Estates
Bankruptcy
Sheriff's Sales

Statute: § 551.23(6), Wis. Stats.

Used for: Any judicial sale or any transaction by an executor, administrator, sheriff, marshal, receiver, trustee in bankruptcy, guardian, or conservator.

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

Frequently asked questions:

Q: Is this exemption self-executing?

    A:  Yes.  No filing or Consent to Service of Process is required.

History: Adopted January 1, 1970.  Identical to Uniform Securities Act section 402(b)(6), except that § 551.23(6), Wis. Stats., also includes judicial sales within the exemption.