Wis. Stat. § 24.12
Forfeit for failure to pay
Redline — January 1, 2003 → current.View current text →
Current — January 1, 2005
As of January 1, 2003
Every purchaser of any lot or tract at any sale as aforesaid shall pay the amount of the purchase money required by the terms of sale to be paid in hand immediately after having bid off the same; and if the purchaser shall refuse or neglect to so pay, the lot or tract so bid off by the purchaser shall again be offered for sale; and the purchaser shall, for such refusal or neglect to pay, forfeit $25 for each lot or tract so bid off by the purchaser, which the board shall, in the name of the state, cause to be immediately sued for and collected, and when collected paid into the school fund.
Every purchaser of any lot or tract at any sale under s. 24.11 shall pay the amount of the purchase money required by the terms of sale to be paid as provided in s. 24.11 (1) . If the purchaser refuses or neglects to so pay, the lot or tract bid off by the purchaser shall again be offered for sale. The purchaser shall, for refusing or neglecting to pay, forfeit $25 for each lot or tract bid off by the purchaser, which the board shall, in the name of the state, cause to be immediately sued for and collected, and, when collected, paid into the school fund.
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.