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#1467711 - 11/15/10 05:51 PM Spousal Consents Commercial Loans WI
I dont get it Offline
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Joined: Dec 2006
Posts: 65
We are located in WI, which is a marital property state. When we do a guaranty on a commercial loan, we also require a signed spousal consent to guaranty from the guarantor’s spouse (if they reside in WI). It was brought to my attention, that the signature may not be required. Any ideas?

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#1468396 - 11/16/10 06:24 PM Re: Spousal Consents Commercial Loans WI I dont get it
NotALawyer Offline
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NotALawyer
Joined: Nov 2001
Posts: 455
(edit - deleted original comment because I answered a different question).

Spousal notification of credit interest is not required in WI for business loans, but I don't know why a spousal signature would not be sought on a guarantee.
Last edited by NotALawyer; 11/16/10 06:27 PM.
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