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Home / Case Digests / 00-1564 Doe v. General Motors Acceptance Corp.

00-1564 Doe v. General Motors Acceptance Corp.

This is so because there was no intent expressed in the lease to create a security agreement and a contrary conclusion would derogate from the common-law principle that a security deposit creates only a debt."Because we conclude that Wis. Stat. sec. 429.207 does not apply to the security deposit in Doe's lease with GMAC, it ...

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