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Wisconsin Statutes Agriculture, Food and Trade Practices (Ch. 91 to 100) § 95.32. Appraised value

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) The department shall determine the appraised value of an animal that is destroyed under s. 95.21(4)(b), 95.23(1m), 95.25, 95.26, 95.27 or 95.31(3) or (4) if the animal's owner is eligible for an indemnity.

(2) Except as provided in sub. (3), the appraised value for an animal that is of an animal type that is frequently sold at public auction shall equal the average price paid for a commercial grade animal of the same animal type at public auction sales during a period specified by the department.

(3) The appraised value of a registered purebred animal of an animal type that is frequently sold at public auction shall equal 125 percent of the amount determined under sub. (2) for that animal type.

(4) Using a method specified under sub. (5)(c), the department shall determine the appraised value of an animal of an animal type that is not frequently sold at public auction.

(5)(a) The department shall promulgate rules specifying animal types for the purposes of this section. The animal types may be based on characteristics of animals that include species, gender and age. The rules shall specify whether each animal type is frequently sold at public auction.

(b) The department shall promulgate rules specifying the period of public auction sales that will be used in the appraisal of each animal type to which sub. (2) applies. The period may not begin more than 6 months before the date on which the department makes the appraisal.

(c) The department shall promulgate rules specifying methods for determining the appraised value of animals of animal types that are not frequently sold at public auction. The methods shall be as consistent as possible with the method under sub. (2).

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Cite this article: FindLaw.com - Wisconsin Statutes Agriculture, Food and Trade Practices (Ch. 91 to 100) § 95.32. Appraised value - last updated January 01, 2025 | https://codes.findlaw.com/wi/agriculture-food-and-trade-practices-ch-91-to-100/wi-st-95-32/

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