§ 14-27. Public depository.

Latest version.

The village board shall designate the public depository within this state within which village funds shall be deposited, and when the money is deposited in such depository in the name of the village, the village clerk-treasurer, and bondsman shall not be liable for such losses as are defined by state law. The interest arising therefrom shall be paid into the village treasury.

(Code 1984, § 2-5-7)

State law reference

City depositories, Wis. Stats. § 62.12(7).

                    
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