231.215 Incorporator for purpose related to purchase or sale of right to payments. The authority, or its executive director, may organize one or more nonstock corporations under ch. 181 or limited liability companies under ch. 183 for any purpose related to purchasing or selling the state's right to receive any of the payments under the tobacco settlement agreement and may take any action necessary to facilitate and complete the purchase or sale.
History: 2001 a. 16.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 231 - Health and educational facilities authority.
231.02 - Creation and organization.
231.05 - Project applications.
231.06 - Property acquisition.
231.10 - Bonds not public debt.
231.12 - Studies and recommendations.
231.15 - Rights of bondholders.
231.18 - Investment authorization.
231.20 - Waiver of construction and bidding requirements.
231.21 - Employees under social security.
231.215 - Incorporator for purpose related to purchase or sale of right to payments.
231.23 - Nonprofit institutions.
231.24 - Liberal construction.
231.26 - Residential facility for the severely physically disabled.
231.27 - Minority financial interests.
231.28 - Minority business participation.
231.29 - Disabled veteran-owned business financial interests.