Section 812.19. Nonliability as garnishee; judgment when rendered.

 

(1)  No person shall be liable as garnishee:

(a) By reason of his having drawn, accepted, made, endorsed or guaranteed any negotiable instrument; or

(b) By reason of anything received or collected by that person by execution or other process; or

(c) By reason of any money in his hands as a public officer; or

(d) By reason of anything owing by that person upon a contingency.

(5)  Property in a safe deposit box in any bank or safe deposit company is not property in the possession or control of such bank or safe deposit company within the meaning of this subchapter.

(6)  A debt owing by the owner of property subject to a construction lien, pursuant to s. 779.01 , shall not be deemed absolutely due until the claims of subcontractors and employees under s. 779.01 have matured or expired.

(7)  Except as provided in this section, judgment may be given for anything owing, although it has not become due in which case the garnishee shall not be required to pay or deliver it before the time appointed by the contract.

Sup. Ct. Order, 67 Wis. 2d 585, 759 (1975); 1975 c. 198 ; Stats. 1975 s. 812.19; 1979 c. 32 s. 92 (9) ; 1993 a. 80 , 213 , 490 . Cross-reference: See s. 895.36 , providing that no person shall be liable as garnishee of a public corporation. Future profits of a corporation are a contingent liability as to a shareholder and are not subject to garnishment. Olen v. Phelps, 200 Wis. 2d 155 , 546 N.W.2d 507 (Ct. App. 1996), 93-3302 .