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25.17(1)(ag) (ag) Agricultural producer security fund (s. 25.463);
25.17(1)(ai) (ai) Air quality improvement fund (s. 25.97);
25.17(1)(ak) (ak) Artistic endowment fund (s. 25.78);
25.17(1)(am) (am) Benevolent fund (s. 25.31);
25.17(1)(an) (an) Bond security and redemption fund (s. 18.09);
25.17(1)(ap) (ap) Budget stabilization fund (s. 25.60);
25.17(1)(ar) (ar) Capital improvement fund (s. 18.08);
25.17(1)(av) (av) Children's trust fund (s. 25.67);
25.17(1)(ax) (ax) College savings program trust fund (s. 25.85), but subject to sub. (2) (f);
25.17(1)(axp) (axp) Common school fund (s. 24.76), but subject to the terms of the contract under s. 24.61 (2) (c);
25.17(1)(ay) (ay) College savings program bank deposit trust fund (s. 25.853), but subject to sub. (2) (f);
25.17(1)(az) (az) College savings program credit union deposit trust fund (s. 25.855), but subject to sub. (2) (f);
25.17(1)(b) (b) Conservation fund (s. 25.29);
25.17(1)(br) (br) Core retirement investment trust (s. 40.04 (3));
25.17(1)(c) (c) County mining investment fund (s. 25.65);
25.17(1)(cg) (cg) Critical access hospital assessment fund (s. 25.774);
25.17(1)(d) (d) Dry cleaner environmental response fund (s. 25.48);
25.17(1)(e) (e) Election administration fund (s. 25.425);
25.17(1)(en) (en) Environmental fund (s. 25.46);
25.17(1)(g) (g) General fund (s. 25.20);
25.17(1)(gi) (gi) Heritage state parks and forests trust fund (s. 25.295);
25.17(1)(gm) (gm) Historical legacy trust fund (s. 25.72);
25.17(1)(gn) (gn) Historical society endowment fund (s. 25.73);
25.17(1)(gp) (gp) Historical society trust fund (s. 25.70);
25.17(1)(gr) (gr) History preservation partnership trust fund (s. 25.74);
25.17(1)(gs) (gs) Hospital assessment fund (s. 25.772);
25.17(1)(hm) (hm) Industrial building construction loan fund (s. 560.10, 2005 stats.);
25.17(1)(i) (i) VendorNet fund (s. 25.61);
25.17(1)(j) (j) Insurance security fund (s. 646.21 (2));
25.17(1)(jc) (jc) Investment and local impact fund (s. 70.395 (2) (b));
25.17(1)(je) (je) Land information fund (s. 25.55);
25.17(1)(jg) (jg) Local government pooled-investment fund (s. 25.50);
25.17(1)(jm) (jm) Local government property insurance fund (ch. 605);
25.17(1)(jr) (jr) Lottery fund (s. 25.75);
25.17(1)(jv) (jv) Medical assistance trust fund (s. 25.77);
25.17(1)(jx) (jx) Military family relief fund (s. 25.38);
25.17(1)(k) (k) Nuclear waste escrow fund (s. 25.469);
25.17(1)(ka) (ka) Natural resources land endowment fund (s. 25.293);
25.17(1)(kd) (kd) Normal school fund (s. 24.80), but subject to the terms of the contract under s. 24.61 (2) (c);
25.17(1)(kp) (kp) Injured patients and families compensation fund (s. 655.27);
25.17(1)(kr) (kr) Permanent endowment fund (s. 25.69);
25.17(1)(ks) (ks) Petroleum inspection fund (s. 25.47);
25.17(1)(ku) (ku) Police and fire protection fund (s. 25.99);
25.17(1)(kw) (kw) Property tax relief fund (s. 25.62);
25.17(1)(L) (L) Public employee trust fund (s. 40.01);
25.17(1)(nm) (nm) Economic development fund (s. 25.49);
25.17(1)(o) (o) School fund income (s. 24.77);
25.17(1)(p) (p) Self-insured employers liability fund (s. 102.28 (8));
25.17(1)(pg) (pg) State building trust fund (s. 25.30), except for the purpose and extent of loans to the Wisconsin State Public Building Corporation, the Wisconsin University Building Corporation, and the Wisconsin State Colleges Building Corporation, which are subject to sub. (2) (b);
25.17(1)(q) (q) State capitol restoration fund (s. 25.35);
25.17(1)(r) (r) State housing authority reserve fund (s. 25.41);
25.17(1)(t) (t) State life insurance fund (ch. 607);
25.17(1)(tm) (tm) Support collections trust fund (s. 25.68);
25.17(1)(v) (v) Transportation fund (s. 25.40);
25.17(1)(vm) (vm) Tuition trust fund (s. 25.80);
25.17(1)(x) (x) Unemployment administration fund (s. 108.20 (1));
25.17(1)(xe) (xe) Unemployment interest payment fund (s. 108.19 (1q));
25.17(1)(xf) (xf) Unemployment program integrity fund (s. 108.19 (1s));
25.17(1)(xg) (xg) Uninsured employers fund (s. 102.80);
25.17(1)(xL) (xL) Universal service fund (s. 25.95);
25.17(1)(xLc) (xLc) University fund (s. 24.81), but subject to the terms of the contract under s. 24.61 (2) (c);
25.17(1)(xm) (xm) Utility public benefits fund (s. 25.96);
25.17(1)(xn) (xn) Variable retirement investment trust (s. 40.04 (3));
25.17(1)(xs) (xs) Veterans trust fund (s. 25.36), except loans to veterans;
25.17(1)(ym) (ym) Waste management fund (s. 25.45);
25.17(1)(yn) (yn) Wholesale drug distributor bonding fund (s. 25.315);
25.17(1)(yt) (yt) Wisconsin outdoor wildlife heritage trust fund (s. 25.297).
25.17(1)(yv) (yv) Wisconsin veterans homes members fund (s. 25.37);
25.17(1)(yx) (yx) Working lands fund (s. 25.466);
25.17(1)(z) (z) Work injury supplemental benefit fund (s. 102.65);
25.17(1)(zd) (zd) Worker's compensation operations fund (s. 102.75);
25.17(1)(zm) (zm) All other funds of the state or of any state department or institution, except funds which are required by specific provision of law to be controlled and invested by any other authority, and moneys in the University of Wisconsin trust funds, and in the trust funds of the state universities.
25.17(2) (2)
25.17(2)(a)(a) Invest any of the funds specified in sub. (1), except operating funds, the capital improvement fund and the bond security and redemption fund, in loans to the Wisconsin University Building Corporation, the Wisconsin State Colleges Building Corporation or the Wisconsin State Public Building Corporation, but only if the loans are secured by mortgages upon property owned by the respective corporations producing sufficient income to retire the mortgage over the term of the loan or are secured by the pledge of rentals sufficient in amount to retire the indebtedness. The board shall make no loans to any building corporation described in this subsection except under the conditions prescribed in this paragraph, or except as otherwise provided in par. (b). These loans shall be made only when in the judgment of the board it is to the interest of the funds to do so, except that loans made under par. (b) shall be made at the direction of the building commission.
25.17(2)(b) (b) Invest the state building trust fund in loans to the Wisconsin State Public Building Corporation, to the Wisconsin University Building Corporation, and to the Wisconsin State Colleges Building Corporation. Except for interim loans for construction, or other temporary financing for the purchase of lands, planning, including both engineering and financing, and all other expenses incidental to any of the foregoing, loans under this paragraph shall be secured by a pledge and assignment of net revenues derived from the operation of buildings by the borrowing corporation on lands leased or conveyed to the corporation. Any loan under this paragraph shall be made upon the direction of the building commission.
25.17(2)(c) (c) Invest the State Housing Authority reserve fund as directed by the Wisconsin Housing and Economic Development Authority in housing rehabilitation loan program bonds of the authority including subordinated bonds that may also be special obligations of the authority. In making the investment, the board shall accept the terms and conditions as the authority specifies and is relieved of any obligations relative to prudent investment of the fund, including those set forth under ch. 881.
25.17(2)(d) (d) Invest the environmental improvement fund, and collect the principal and interest of all moneys loaned or invested from the environmental improvement fund, as directed by the department of administration under s. 281.59 (2m). In making investments under this paragraph, the board shall accept any reasonable terms and conditions that the department of administration specifies and is relieved of any obligations relevant to prudent investment of the fund, including those set forth under ch. 881.
25.17(2)(e) (e) Invest the transportation infrastructure loan fund, and collect the principal and interest of all moneys loaned or invested from the transportation infrastructure loan fund, as directed by the department of administration under s. 85.52 (4m). In making investments under this paragraph, the board shall accept any reasonable terms and conditions that the department of administration specifies and is relieved of any obligations relevant to prudent investment of the fund, including those set forth under ch. 881.
25.17(2)(f) (f) Invest the moneys belonging to the college savings program trust fund, the college savings program bank deposit trust fund, and the college savings program credit union deposit trust fund in a manner consistent with the guidelines established under s. 224.50 (2) (c), unless the moneys are under the management and control of a vendor selected under s. 224.51. In making investments under this paragraph, the investment board shall accept any reasonable terms and conditions that the college savings program board specifies and is relieved of any obligations relevant to prudent investment of the fund, including the standard of responsibility under s. 25.15 (2).
25.17(2)(g) (g) Notwithstanding any other provision of this chapter, invest any funds that the building commission directs the board to invest by resolution under s. 18.04 (6) (c) as specified by such resolution. In making investments under this paragraph, the board shall accept the terms and conditions specified in the resolution and is relieved of any obligations relevant to prudent investment of the fund, including those set forth under s. 25.15 (2).
25.17(3) (3)
25.17(3)(a)(a) Invest the core retirement investment trust, state life fund, local government property insurance fund, veterans trust fund, and injured patients and families compensation fund in loans, securities, and any other investments authorized by s. 620.22, and in bonds or other evidences of indebtedness or preferred stock of companies engaged in the finance business whether as direct lenders or as holding companies owning subsidiaries engaged in the finance business. Investments permitted by sub. (4) are permitted investments under this subsection.
25.17(3)(b) (b) Invest any of the funds over which it has investment authority, including but not limited to the state investment fund and surplus funds of the state building trust fund not invested under sub. (2) (b) and not in the state investment fund, in:
25.17(3)(b)1. 1. Direct obligations maturing within 10 years or less from the date of settlement, of the United States or its agencies, corporations wholly owned by the United States, the international bank for reconstruction and development, the international finance corporation, the inter-American development bank, the African development bank, the Asian development bank, the federal national mortgage association or any corporation chartered by an act of congress.
25.17(3)(b)2. 2. Securities maturing within 10 years or less from the date of settlement, guaranteed by the United States or, where the full faith and credit of the United States is pledged or, where securities are collateralized by government-insured investments or, where the securities are issued by a corporation created by act of congress and regulated by such act.
25.17(3)(b)3. 3. Unsecured notes of financial and industrial issuers maturing within 5 years or less from the date of settlement and having one of the 2 highest ratings given by a nationally recognized rating service, but if the corporation issuing such notes has any long-term senior debt issues outstanding which also have been rated, the rating must be one of the 3 highest ratings so given.
25.17(3)(b)4. 4. Certificates of deposit issued by banks located in the United States and by savings and loan associations, savings banks and credit unions located in this state.
25.17(3)(b)5. 5. Bankers acceptances accepted by banks located in the United States.
25.17(3)(b)6. 6. Direct obligations of or guaranteed by the government of Canada maturing within 2 years from the date of settlement provided that at the time of purchase the board enters into a contract with a bank or securities dealer in the United States or Canada providing that at the maturity of the obligation the Canadian dollars realized will be exchanged into U.S. dollars at a guaranteed rate of exchange.
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2017-18 Wisconsin Statutes updated through 2019 Wis. Act 186 and through all Supreme Court and Controlled Substances Board Orders filed before and in effect on September 1, 2020. Published and certified under s. 35.18. Changes effective after September 1, 2020, are designated by NOTES. (Published 9-1-20)