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Wisconsin · Through 2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)

Wis. Stat. § 238.124: Loan limitations.

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Where this section sits in the code
  1. Ch. 238, Economic Development Corporation
  2. Chapter 238 Wisconsin Economic Development Corporation
  3. SUBCHAPTER I GENERAL PROVISIONS

(1) The corporation may not originate any loan that is forgivable in whole or in part upon the loan recipient’s achievement of one or more conditions or goals.

(2) Each new lending program the corporation implements or administers shall adhere as closely as practicable to commonly accepted commercial lending practices. The corporation shall adopt policies and procedures implementing this subsection.

Collected 2026-09-05T12:01:11Z. Source file · JSON

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