Except as otherwise provided in s. 183.0208 and subject to s. 183.0209 (4), a record filed under this chapter is effective as follows:
(1) Except as provided in subs.
(2) and (3), on the date that it is received by the department for filing and at any of the following times on that date:
(a) The time of day specified in the document as its effective time.
(b) If no effective time is specified, at the close of business.
(2) The date that a document is received by the department is determined by the department’s endorsement on the original document under s. 183.0210 (2).
(3) A document may specify a delayed effective date and time, except the effective date may not be more than 90 days after the date that it is received for filing. If a document specifies a delayed effective date and time in accordance with this subsection, the document is effective at the time and date specified. If a delayed effective date, but no time, is specified, the document is effective at the close of business on that date.