§ 225.01 Incorporators
§ 225.02 Purposes
§ 225.03 Capital stock
§ 225.04 Directors
§ 225.05 Members; limitation and apportionment of loans by members; withdrawal
§ 225.06 Finance
§ 225.07 Loans
§ 225.08 Application of chapter 180
§ 225.09 Legal investments

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Terms Used In Wisconsin Statutes > Chapter 225 - Business development credit corporations

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Population: means that shown by the most recent regular or special federal census. See Wisconsin Statutes 990.01
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Sworn: includes "affirmed" in all cases where by law an affirmation may be substituted for an oath. See Wisconsin Statutes 990.01
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.