698.01 To be recorded.
698.01 To be recorded.
No chattel mortgage shall be valid or effectual against creditors or subsequent purchasers for a valuable consideration and without notice unless it be recorded, or unless the property included in it be delivered to the mortgagee and continue to remain truly and bona fide in her or his possession.
History. RS 1983; GS 2496; RGS 3833; CGL 5726; s. 779, ch. 97-102.