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Terms Used In Wisconsin Statutes 342.01

  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Preceding: when used by way of reference to any statute section, means the section next preceding that in which the reference is made. See Wisconsin Statutes 990.01
   (1)    Words and phrases defined in s. 340.01 are used in the same sense in this chapter unless a different definition is specifically provided.
   (2)   In this chapter:
      (ac)    “Automated format,” with respect to any document, record, or other information, includes that document, record, or other information generated or maintained in an electronic or digital form or medium.
      (ag)    “Deliver” includes electronic transmission.
      (aj)    “Immediate family member” means a spouse, grandparent, parent, sibling, child, stepchild, stepparent, or grandchild, or the spouse of a grandparent, parent, sibling, child, stepchild, stepparent, or grandchild.
Effective date note NOTE: Par. (aj) is created eff. 7-1-24 by 2023 Wis. Act 43.
      (am)    “Leasing company” means any lessor who, within the preceding 12 months, has leased 5 or more vehicles for a period of at least 4 months.
      (b)    “Mileage” means the actual distance that a vehicle has traveled in miles.
      (c)    “Transfer” means to change ownership by purchase, gift or any other means.