18.822 Debt requirements.

WI Stat § 18.822 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

18.822 Debt requirements. The authorizing resolution for an obligation under this subchapter shall require that all of the following conditions be met:

(1) The terms of the obligation are structured to encourage ownership by as many individuals as possible.

(2) The evidences of the obligation are issued in denominations of not more than $1,000.

History: 1989 a. 46.