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Current as of January 01, 2025 | Updated by Findlaw Staff
The board shall establish in each of the trust funds an account to which are credited the proceeds from the sale of any public lands, except sales under s. 24.09(1)(bg), on or after May 3, 2006, that are required by law to be deposited in the funds. Moneys credited to the accounts in the funds may only be used to invest in land under s. 24.61(2)(a) and for the payment of expenses necessarily related to investing in land under s. 24.61(2)(a).
Cite this article: FindLaw.com - Wisconsin Statutes Public Lands, Waters and Natural Resources (Ch. 23 to 33) § 24.605. Accounts in trust funds for deposit of proceeds from sale of certain lands - last updated January 01, 2025 | https://codes.findlaw.com/wi/public-lands-waters-and-natural-resources-ch-23-to-33/wi-st-24-605/
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