SB131: Bill Text

SB131,18 Section 18. 186.315 of the statutes is amended to read:

SB131,9,20 186.315 Charter cancellation. Upon completion of a voluntary liquidation as provided in s. 186.18, or upon completion of the liquidation in cases under s. 186.235 (11), or after the assets and liabilities of a credit union are transferred to another credit union for the purpose of merger as provided in s. 186.31 (3), the office of credit unions shall cancel the charter of the credit union liquidated or merged without any other or further notice to the credit union or to any person. A certified copy of the order or certificate of the office of credit unions shall be recorded with the register of deeds of the county in which the credit union is located. The register of deeds shall note on the margin of the record of the articles of incorporation of the credit union the document number and, if the order or certificate is assigned a volume and page number, the volume and page where the order or certificate canceling its the credit union's charter is recorded. In case of voluntary liquidation under s. 186.18 or merger under s. 186.31, the credit union shall record the order or certificate of the office of credit unions and pay the fee. In case of liquidation under s. 186.235 (11), the office of credit unions or special deputy shall record the order or certificate of the office of credit unions and pay the fee out of the assets of the credit union as an expense of liquidation.

SB131,19 Section 19. 228.05 of the statutes is amended to read:

SB131,9,25 228.05 Marginal references. The register of deeds of any county having a population of 500,000 or more who has copied a document by microphotography, microfilm, optical imaging, or electronic formatting that is accepted by him or her for recording or filing shall also, as a substitute for marginal references required, prepare an index for documents of ancillary nature for which marginal references are required. Such The register of deeds shall prepare and maintain the index for ancillary documents shall be prepared and maintained to show the document number or and, if given, the volume and page of the original recording or filing plus a record of any recordings or filings affecting or pertinent to such the original recording or filing requiring marginal references subsequent to the date on which the county begins such recording or recopying by microphotography, microfilm, optical imaging, or electronic formatting.

SB131,20 Section 20. 236.295 (2) (a) of the statutes is amended to read:

SB131,10,18 236.295 (2) (a) Each affidavit in sub. (1) (a) correcting a plat or certified survey map that changes areas dedicated to the public or restrictions for the public benefit must be approved prior to recording by the governing body of the municipality or town in which the subdivision is located. The register of deeds shall note include on the plat or certified survey map a reference to a notation of the document number of the affidavit or instrument and, if the affidavit or instrument is assigned a volume and page number, the page and volume in which and page where the affidavit or instrument is recorded. The record of the affidavit or instrument, or a certified copy of the record, is prima facie evidence of the facts stated in the affidavit or instrument.

SB131,21 Section 21. 236.34 (3) of the statutes is renumbered 236.34 (3) (intro.) and amended to read:

SB131,10,24 236.34 (3) Use in conveyancing. (intro.) When a certified survey map has been recorded in accordance with this section, the parcels of land in the map shall be, for all purposes, including assessment, taxation, devise, descent, and conveyance, as defined in s. 706.01 (4), described by reference to the all of the following:

SB131,10,25 (a) The number of the survey, map.

SB131,11,1 (b) The lot or outlot number, of the parcel.

SB131,11,3 (d) If the map is assigned a volume and page number, the volume and page where the map is recorded, and the.

SB131,11,4 (e) The name of the county.

SB131,22 Section 22. 236.34 (3) (c) of the statutes is created to read:

SB131,11,7 236.34 (3) (c) If the map is assigned a document number, the document number assigned to the map.

SB131,23 Section 23. 321.61 (1) (f) of the statutes is amended to read:

SB131,12,3 321.61 (1) (f) The person owning or having an interest in any property in respect to which the order under par. (c) is made, or the person's agent or attorney, may file a certified copy of the order of suspension with the county treasurer or with the city treasurer of cities authorized by law to sell lands for the nonpayment of taxes as to the taxes and assessments. The person shall file with the order an affidavit in triplicate, sworn to by the person or agent or attorney, setting forth the name of the owner, the legal description of the property, the type of property, when acquired, the document number of the deed and, if given on the deed, the volume and page number where the deed was is recorded if acquired by deed, and the name of the estate if acquired by descent, amount of delinquent taxes, if any, and the names of the holders of any outstanding mortgage, lien, or other encumbrance. Upon receipt of the filing, the county treasurer or city treasurer shall record the order in the office of the register of deeds of the county and file a copy in the office of the treasurer, who shall make proper notation that a person in federal active duty is the holder of the legal title and has made application for special relief. The county treasurer or city treasurer shall immediately forward an additional copy of the order and affidavit to the office of the clerk of the town, city, or village where the property is located, or, if it is located in a city, authorized to sell lands for nonpayment of its taxes, to the commissioner of assessments, who shall make an appropriate notation in the records.

SB131,24 Section 24. 703.11 (2) (am) of the statutes is amended to read:

SB131,12,6 703.11 (2) (am) A blank space at least 2.5 3 inches by 2.5 3 inches in size in the upper right corner on the first sheet for recording use by the register of deeds.

SB131,25 Section 25. 703.275 (5) of the statutes is amended to read:

SB131,12,16 703.275 (5) Recording. Both a restatement of the declaration of the resultant condominium that includes the merger agreement and an addendum to the condominium plat of the resultant condominium shall be recorded as provided in s. 703.07. The On the plat of the preexisting condominium, the register of deeds shall reference the document number, assigned to the plat of the resultant condominium and, if the plat of the resultant condominium is assigned a volume and page number, the volume and page of where the plat of the resultant condominium on the plat of the preexisting condominium is recorded and shall note that the preexisting condominium has been merged.

SB131,26 Section 26. 706.05 (2) (c) of the statutes is amended to read:

SB131,13,2 706.05 (2) (c) Identify, to the extent that the nature of the instrument permits, and in form and terms which that permit ready entry upon the various books and indexes publicly maintained as land records of such county, the land to which such instrument relates and the parties or other persons whose interests in such land are affected. Except as provided in sub. (2m), identification may be either by the terms of the instrument or by reference to an instrument of record in the same office, naming the place document number of the record and, if the record is assigned a volume and page number, the volume and page where such the record may be found is recorded.

SB131,27 Section 27. 706.05 (2m) (a) of the statutes is amended to read:

SB131,13,15 706.05 (2m) (a) Except as provided in par. (b), any document submitted for recording or filing that is to be indexed in the real estate records, any document submitted for recording or filing that modifies an original mortgage or land contract, and any document submitted for recording or filing that is a subordination agreement submitted for recording or filing shall contain the full legal description of the property to which it the document relates if the document or subordination agreement is intended to relate to a particular parcel of land. The legal description may be included on the document or may be attached to the document. Any such The document shall also contain the document number of any original mortgage or land contract that the document affects and, if given on the original mortgage or land contract, the volume and page numbers of where the original mortgage or land contract is recorded or filed.

SB131,28 Section 28. 706.085 (2) (a) of the statutes is amended to read:

SB131,13,20 706.085 (2) (a) A correction instrument shall be acknowledged or authenticated in accordance with s. 706.06 or 706.07. It shall recite the document number of the conveyance, the names of the grantor and grantee, and, if given on the conveyance, the volume and page numbers where the conveyance is filed or recorded.

SB131,29 Section 29. 708.15 (1) (L) of the statutes is amended to read:

SB131,13,25 708.15 (1) (L) “Recording data" means the date, of recording, the document number, and, if given on the document, the volume and page number, if any, that indicate where a the document is recorded in the office of the register of deeds under s. 59.43.

SB131,30 Section 30. 893.33 (2) of the statutes is amended to read:

SB131,15,2 893.33 (2) Except as provided in subs. (5) to (9), no action affecting the possession or title of any real estate may be commenced, and no defense or counterclaim may be asserted, by any person, the state, or a political subdivision or municipal corporation of the state after January 1, 1943, which that is founded upon any unrecorded instrument executed more than 30 years prior to the date of commencement of the action, or upon any instrument recorded more than 30 years prior to the date of commencement of the action, or upon any transaction or event occurring more than 30 years prior to the date of commencement of the action, unless within 30 years after the execution of the unrecorded instrument or within 30 years after the date of recording of the recorded instrument, or within 30 years after the date of the transaction or event, there is recorded in the office of the register of deeds of the county in which the real estate is located, some instrument expressly referring to the existence of the claim or defense, or a notice setting forth the name of the claimant, a statement of the claims made, a description of the real estate affected and of the instrument or transaction or event on which the claim or defense is founded, with its and, if the claim or defense is founded on a recorded instrument, the date the instrument was recorded, the document number of the instrument, and, if the instrument is assigned a volume and page number, the volume and page of its recording, if it is recorded, and a statement of the claims made where the instrument is recorded. This notice may be discharged the same as a notice of pendency of action. Such notice or instrument recorded after the expiration of 30 years shall be likewise effective, except as to the rights of a purchaser of the real estate or any interest in the real estate which that may have arisen after the expiration of the 30 years and prior to the recording.

SB131,15,3 (End)