Wisconsin § 238.124 - Loan limitations.
Full text of Wisconsin Wisconsin Statutes § 238.124 — Loan limitations., with citation guidance and answers to common questions.
§ 238.124. Loan limitations.
238.124(1) (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. 238.124(2) (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. 238.124 History History: 2017 a. 59 .
Frequently Asked Questions About Wisconsin § 238.124
What does Wisconsin Statutes § 238.124 cover?
Section 238.124 ("Loan limitations.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 238.124?
A common citation format is "Wisconsin Statutes § 238.124" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 238.124 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.