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2021 Wisconsin Statutes & Annotations
Chapter 234 - Wisconsin housing and economic development authority.
234.18 - Limit on amount of outstanding bonds and notes.
Universal Citation:
WI Stat § 234.18 (2021)
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234.18 Limit on amount of outstanding bonds and notes.
(1) The authority may not issue notes and bonds that are secured by a capital reserve fund to which s. 234.15 (4) applies if, upon issuance, the total aggregate outstanding principal amount of notes and bonds that are secured by a capital reserve fund to which s. 234.15 (4) applies would exceed $600,000,000. This section does not apply to bonds and notes issued to refund outstanding notes and bonds.
(2) On July 5, 2019, the amount specified in sub. (1) is increased by $200,000,000.
History: 1971 c. 287; 1975 c. 200; 1977 c. 108, 317; 1979 c. 18; 1981 c. 349; 1983 a. 36 s. 96 (4); 1985 a. 29; 1987 a. 69; 1991 a. 39; 1995 a. 27 s. 9116 (5); 1997 a. 27; 2005 a. 75; 2019 a. 9.
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