(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: (a) A local exposition district under subch. II of ch. 229. (b) The University of Wisconsin Hospitals and Clinics Authority. (c) A local professional baseball park district created under subch. III of ch. 229. (d) A local professional football stadium district created under subch. IV of ch. 229. (f) Bonds issued by a local cultural arts district under subch. V of ch. 229. (g) The Wisconsin Aerospace Authority. (2) This section shall not be construed as relieving any person of any duty of exercising any required level of care in selecting securities.
‹ Prev All Wisconsin sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.