67.025 Certification of municipal obligations. In any municipality, the officers charged with the negotiation and sale of its municipal obligations may, in their discretion, prior to the issuance thereof, submit to the attorney general or to an attorney employed under s. 67.10 (7) a certified copy of all its proceedings preliminary to such issue, and also a printer's proof or sample of or the unsigned obligations, for examination and certification. Such attorney shall examine the proceedings and, if found regular and valid, shall execute a certificate of such examination and validity. As soon as such certificate is returned, the clerk of the municipality shall cause such certificate to be recorded. This section applies to obligations issued under ss. 59.57 (2), 59.82 (2) (c), 66.0621, 66.0713, 66.1103 and 66.1105 (9) (b).
History: 1971 c. 40; 1975 c. 221; 1977 c. 418; 1987 a. 197; 1989 a. 265; 1995 a. 201; 1999 a. 150 s. 672.
Cross-reference: See s. 893.77 for 30-day statute of limitations on municipal obligations which have been certified by an attorney.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 67 - Municipal borrowing and municipal bonds.
67.01 - Definitions and interpretations.
67.015 - Housing authorities exempted.
67.025 - Certification of municipal obligations.
67.03 - Grant of power to borrow; general limitations of indebtedness.
67.035 - Tax limitations not applicable to debt levies.
67.04 - Purposes of issuing municipal bonds and notes.
67.045 - Debt issuance conditions.
67.05 - Bond issues; procedure.
67.06 - Form and contents of bonds.
67.07 - Maturity and place of payment.
67.08 - Execution and negotiation.
67.09 - Registration of municipal obligations.
67.10 - Fiscal and administrative regulations.
67.101 - Debt amortization in 1st class cities.
67.12 - Temporary borrowing and borrowing on promissory notes.
67.15 - Variable rate obligations.
67.16 - General obligation-local improvement bonds.
67.17 - Diversion of funds, liability of officers for.
67.22 - Issuance stayed by protest.
67.24 - Validation of obligations of incorporated municipality.