A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

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Terms Used In Wisconsin Statutes 409.504

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
   (1)   A description of the collateral pursuant to s. 409.108; or
   (2)   An indication that the financing statement covers all assets or all personal property.