Wisconsin § 234.95 Community development finance company.

Wisconsin Statutes

§ 234.95 — Community development finance company.

Wisconsin § 234.95

Ch. 234Wisconsin housing and economic development authority

Subch.subch. III of ch. 234 SUBCHAPTER III

COMMUNITY DEVELOPMENT FINANCE COMPANY

This text of Wisconsin § 234.95 (Community development finance company.) 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. § 234.95 (2026).

Text

234.95
234.95(1) (1) The community development finance company is the corporation organized for profit under ch. 180 , or limited partnership organized under ch. 179 , which was created under s. 233.05 (1) , 1985 stats. The chairperson of the authority, or his or her designee, is a director of the community development finance company. The shareholders of the community development finance company shall elect 4 other people to the company’s board of directors. To the extent practicable, 3 people elected to the board of directors shall have substantial business and financial experience and one person shall represent a community development corporation. If the community development finance company is organized as a limited partnership its general partner shall, to the extent practicable, have

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234.95
234.95(1) (1) The community development finance company is the corporation organized for profit under ch. 180 , or limited partnership organized under ch. 179 , which was created under s. 233.05 (1) , 1985 stats. The chairperson of the authority, or his or her designee, is a director of the community development finance company. The shareholders of the community development finance company shall elect 4 other people to the company’s board of directors. To the extent practicable, 3 people elected to the board of directors shall have substantial business and financial experience and one person shall represent a community development corporation. If the community development finance company is organized as a limited partnership its general partner shall, to the extent practicable, have substantial business and financial experience.
234.95(2) (2) The community development finance company shall issue stock or partnership interests. The community development finance company shall invest funds it receives from the sale of stock or partnership interests by purchasing capital participation instruments under s. 234.96 .