25.50 Local government pooled-investment fund.
203 words·~1 min read·
/wi/chapter-25/25-50-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
25.50 Local government pooled-investment fund.
(1)Definitions. In this section:
(b)“Fund” means the local government pooled-investment fund.
(c)“Local funds” means funds under the control or in the custody of any local government or local official that are not required to meet current expenditures or demands.
(d)“Local government” means any county, town, village, city, power district, sewerage district, drainage district, town sanitary district, public inland lake protection and rehabilitation district, local professional baseball park district created under subch. III of ch. 229 , long-term care district under s. 46.2895 , local professional football stadium district created under subch. IV of ch. 229 , local cultural arts district created under subch. V of ch. 229 , public library system, school district or technical college district in this state, any commission, committee, board or officer of any governmental subdivision of this state, any court of this state, other than the court of appeals or the supreme court, or any authority created under s. 114.61 , 231.02 , 233.02 , or 234.02 .
(e)“Local official” means each officer or employee of a local government who by law or vote of the governing body of the local government is made the custodian of funds.