Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 893. Limitations Of Commencement Of Actions And Proceedings; Procedure For Claims Against Governmental Units |
SubChapter VI. ACTIONS RELATED TO FINANCIAL TRANSACTIONS OR GOVERNMENTAL OBLIGATIONS |
Section 893.62. Action concerning usury.
Latest version.
- An action under s. 138.06 (3) for interest, principal and charges paid on a loan or forbearance shall be commenced within 2 years after the interest which is at a rate greater than allowed under s. 138.05 is paid or be barred.
1979 c. 323
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Judicial Council Committee's Note, 1979:
This section has been created to place into ch. 893 the statute of limitations for an action concerning usury. (See note following s. 138.06 (3)). [Bill 326-A]