Wisconsin Statutes 19.12 – Bond premiums payable from public funds
Current as of: 2024 | Check for updates
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Terms Used In Wisconsin Statutes 19.12
- 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.
Any public officer required by law to give a suretyship obligation may pay the lawful premium for the execution of the obligation out of any moneys available for the payment of expenses of the office or department, unless payment is otherwise provided for or is prohibited by law.