Limit on amount of outstanding bonds and notes

Wis. Stat. § 234.18
in effect
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(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. (2) On July 5, 2019, the amount specified in sub. (1) is increased by $200,000,000. (3) On July 7, 2023, the amount specified in sub. (1), including the increase specified in sub. (2), is increased by $200,000,000.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/234.18Fetched: 10/7/2026
Wis. Stat. § 234.18 — Limit on amount of outstanding bonds and notes | Wisconsin Statutes (updated through 2025 Wis. Act 247) | Corpus