Wis. Stat. § 18.822

Current through Acts 2023-2024, ch. 272

Section 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.

Wis. Stat. § 18.822

1989 a. 46.