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Terms Used In Wisconsin Statutes 24.68

  • Municipality: includes cities and villages; it may be construed to include towns. See Wisconsin Statutes 990.01
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: includes real and personal property. See Wisconsin Statutes 990.01

All the taxable property in any municipality which obtains a general obligation trust fund loan shall stand charged for the payment of the principal and interest on that loan.