Wisconsin Statutes 201.02 – Power of alienation, state control
Current as of: 2023 | Check for updates
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Terms Used In Wisconsin Statutes 201.02
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Property: includes real and personal property. See Wisconsin Statutes 990.01
- State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
The power to create liens or mortgages on corporate property by public service corporations in this state, or to deed such property in trust, or to issue capital stock, is a special privilege, the right of supervision, regulation, restriction and control of which shall be vested in the state, and such power shall be exercised according to the provisions of these statutes.