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2017 Wisconsin Statutes & Annotations
Chapter 67. Municipal borrowing and municipal bonds.
67.17 Diversion of funds, liability of officers for.
Universal Citation: WI Stat § 67.17 (2017)
67.17 Diversion of funds, liability of officers for. Every public officer, and the sureties on the officer's official bond, and every other person participating directly or indirectly in any impairment of a borrowed money fund or of a debt service fund of any municipality, shall be liable in an action brought by such municipality or by one or more of its taxpayers, or by any party owning a warrant, note, order, or other obligation payable in whole or in part out of such fund, to restore to such fund all such diversions therefrom.
History: 1983 a. 207 s. 93 (8); 1991 a. 316.
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