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Terms Used In Wisconsin Statutes 11.0901

  • 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.
   (1)    Each recall committee required to register under this chapter shall designate a treasurer to comply with the registration and reporting requirements under this subchapter.
   (2)   The treasurer shall ensure that all funds received are deposited in the recall committee depository account.
   (3)   No disbursement may be made or obligation incurred by or on behalf of a recall committee without the authorization of the treasurer or a designated agent.
   (4)   The treasurer shall maintain the records of the recall committee in an organized and legible manner for not less than 3 years after the date of the election in which the recall committee participates.