Wisconsin § 234.18 Limit on amount of outstanding bonds and notes.

Wisconsin Statutes

§ 234.18 — Limit on amount of outstanding bonds and notes.

Wisconsin § 234.18

Ch. 234Wisconsin housing and economic development authority

Subch.subch. I of ch. 234 SUBCHAPTER I

GENERAL PROVISIONS; HOUSING AND ECONOMIC DEVELOPMENT PROGRAMS

This text of Wisconsin § 234.18 (Limit on amount of outstanding bonds and notes.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 234.18 (2026).

Text

234.18 234.18(1) (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. 234.18(2) (2) On July 5, 2019, the amount specified in sub.

(1)is increased by $200,000,000. 234.18(3) (3) On July 7, 2023, the amount specified in sub.

(1), including the increase specified in sub.

(2), is increased by $200,000,000.

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234.18
234.18(1) (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.
234.18(2) (2) On July 5, 2019, the amount specified in sub. (1) is increased by $200,000,000.
234.18(3) (3) On July 7, 2023, the amount specified in sub. (1) , including the increase specified in sub. (2) , is increased by $200,000,000.

Legislative History

234.18 History 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 ; 2023 a. 19 .