Wisconsin Statutes Limitation of Actions (Ch. 893) § 893.36. Secured livestock

(a) “Buyer in ordinary course of business” has the meaning provided by s. 401.201(2)(em).

(b) “Collateral” has the meaning provided by s. 409.102(1)(cs).

(c) “Debtor” has the meaning provided by s.409.102(1)(gs).

(d) “Market agency” means a person regularly engaged in the business of receiving, buying or selling livestock whether on a commission basis or otherwise.

(e) “Secured party” has the meaning provided by s. 409.102(1)(rs).

(f) “Security agreement” has the meaning provided by s. 409.102(1)(s).

(a) The debtor signs or endorses any writing arising from the transaction, including a check or draft, which states that the sale of the livestock is permitted by the secured party; and

(b) The secured party does not commence an action, within 2 years after the date of sale of the livestock against the debtor for purposes of enforcing rights under the security agreement or an obligation secured by the security agreement.