234.18 Limit on amount of outstanding bonds and notes.
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/wi/chapter-234/234-18A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.