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Terms Used In Wisconsin Statutes 292.53

  • Contract: A legal written agreement that becomes binding when signed.
  • Property: includes real and personal property. See Wisconsin Statutes 990.01

The department, in cooperation with the department of administration, may undertake activities to make private environmental insurance products available to encourage and facilitate the cleanup and redevelopment of contaminated property. The department of natural resources may negotiate with, select, and contract with one or more insurers to provide insurance products under this section, subject to the approval of the department of administration under s. 16.865 (5).