State Codes and Statutes

Statutes > Wisconsin > 219 > 219.09

219.09

219.09 Certain district and authority bonds as legal investments and security.

219.09(1)

(1) A bank, trust company, savings bank or institution, savings and loan association, credit union or investment company or a personal representative, guardian, trustee or other fiduciary may legally invest any moneys or funds belonging to or within that person's control in bonds issued by any of the following:

219.09(1)(a)

(a) A local exposition district under subch. II of ch. 229.

219.09(1)(b)

(b) The University of Wisconsin Hospitals and Clinics Authority.

219.09(1)(c)

(c) A local professional baseball park district created under subch. III of ch. 229.

219.09(1)(d)

(d) A local professional football stadium district created under subch. IV of ch. 229.

219.09(1)(f)

(f) Bonds issued by a local cultural arts district under subch. V of ch. 229.

219.09(1)(g)

(g) The Wisconsin Aerospace Authority.

219.09(2)

(2) This section shall not be construed as relieving any person of any duty of exercising any required level of care in selecting securities.

219.09 - ANNOT.

History: 1993 a. 263; 1995 a. 27, 56; 1999 a. 65, 167; 2005 a. 335.