Wis. Stat. § 221.0326
Current through Acts 2023-2024, ch. 272
All debts due a bank, on which interest is past due and unpaid for a period of 12 months, shall be considered bad debts and shall be charged off to the profit and loss account at the expiration of one year from the date on which the debt became past due, unless the debts are well secured or in process of collection.
Wis. Stat. § 221.0326