219.09 Certain district and authority bonds as legal investments and security.
(1) A bank, trust company, savings bank or institution, savings and loan association, credit union or investment company or a personal representative, guardian, trustee or other fiduciary may legally invest any moneys or funds belonging to or within that person's control in bonds issued by any of the following:
(a) A local exposition district under subch. II of ch. 229.
(b) The University of Wisconsin Hospitals and Clinics Authority.
(c) A local professional baseball park district created under subch. III of ch. 229.
(d) A local professional football stadium district created under subch. IV of ch. 229.
(f) Bonds issued by a local cultural arts district under subch. V of ch. 229.
(g) The Wisconsin Aerospace Authority.
(2) This section shall not be construed as relieving any person of any duty of exercising any required level of care in selecting securities.
History: 1993 a. 263; 1995 a. 27, 56; 1999 a. 65, 167; 2005 a. 335.
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