342.245 Electronic processing of certain applications. (1) Except as provided in sub. (3), a secured party shall file a security interest statement and pay the fee under s. 342.19 (2) (a) 2. and deliver a release of a security interest under s. 342.22 (1) (b) utilizing an electronic process prescribed by the department under sub. (4). (2) Upon receipt of a certificate of title as provided in s. 342.20 (1), a person required to file a security interest statement under sub. (1) shall destroy the certificate of title. (3) The department may, by rule, exempt a person or a type of
History: 1977 c. 29 ss. 1454, 1654 (7) (a); 1981 c. 347 s. 80 (2); 1993 a. 16.