24.12 Forfeit for failure to pay. Every purchaser of any lot or tract at any sale under s. 24.11 shall pay the amount of the purchase money required by the terms of sale to be paid as provided in s. 24.11 (1). If the purchaser refuses or neglects to so pay, the lot or tract bid off by the purchaser shall again be offered for sale. The purchaser shall, for refusing or neglecting to pay, forfeit $25 for each lot or tract bid off by the purchaser, which the board shall, in the name of the state, cause to be immediately sued for and collected, and, when collected, paid into the school fund.
History: 1991 a. 316; 2005 a. 149.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 24 - Public domain and the trust funds.
24.01 - Definitions and classification.
24.02 - Addition to the public lands.
24.04 - Administrative receipts and disbursements.
24.07 - Sale of land with water power.
24.09 - Procedure before sale or exchange; withdrawal; resale.
24.12 - Forfeit for failure to pay.
24.14 - Rights of swampland purchasers.
24.145 - State-owned swamplands; proceeds; disposition.
24.16 - Applications for private sale.
24.17 - Receipt and certificate.
24.18 - Entry of sale and patent.
24.20 - Payments and accounts.
24.21 - Accounts with purchasers.
24.22 - Excessive payments to be refunded.
24.24 - Effect of certificate.
24.25 - Issuance and record of patent.
24.251 - Patents, issuance; county may record.
24.27 - Purchase money a loan.
24.30 - Liability of former purchaser.
24.31 - Advertisement and resale of forfeited lands.
24.32 - Resale and redemption.
24.33 - Resale may be canceled.
24.341 - Offset to refund on void sales.
24.35 - Annulment of certificates and patents.
24.355 - Limitation of actions.
24.36 - Lost certificates and patents.
24.39 - Leases of public lands.
24.40 - Easements; annexation.
24.53 - Investigate land claims; deduct expenses.
24.54 - Records; copies as evidence.
24.55 - Executive secretary; deputy; staff; appointments; duties; oath.
24.59 - Sale of public lands to state under Warren Knowles-Gaylord Nelson stewardship 2000 program.
24.605 - Accounts in trust funds for deposit of proceeds from sale of certain lands.
24.61 - Authorized investments and loans.
24.63 - Term, amount, interest rate.
24.64 - Reimbursements for certain administrative services.
24.65 - Date when interest and principal become due.
24.67 - Certificates of indebtedness.
24.68 - Payment of state trust fund loans.
24.69 - Sale of state trust fund loans.
24.70 - Collection from borrowers other than school districts.
24.71 - Collections from school districts.
24.715 - Collections from federated public library systems.
24.716 - Collections from drainage districts.
24.717 - Collections from local professional baseball park districts.
24.718 - Collections from local exposition districts.
24.74 - Duty of attorney general and revenue department.
24.75 - Interest, how accounted for.
24.77 - Common school fund income.