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Code · Wisconsin · Chapter 18 — State debt, revenue obligations and operating notes

18.822 Debt requirements.

54 words·~1 min read·/wi/chapter-18/18-822-9

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18.822 Debt requirements. The authorizing resolution for an obligation under this subchapter shall require that all of the following conditions be met:
(1)The terms of the obligation are structured to encourage ownership by as many individuals as possible.
(2)The evidences of the obligation are issued in denominations of not more than $1,000.
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