Wisconsin Statutes

Wis. Stat. § 18.12 (2026)

Pledge of full faith

✓ current as of July 2026

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18.1218.12 Pledge of full faith. The full faith, credit and taxing power of this state are irrevocably pledged to the payment of the principal, interest and premium due, if any, on all public debt. There is irrevocably appropriated through s. 20.866, as a first charge upon all revenues of this state, a sum sufficient for the payment of the installments of principal, interest and premium due, if any, on all public debt as the same falls due.

Notes of Decisions

Cited in 2 cases, 2018–2019 · leading case: Univ. of Wis. Oshkosh Found., Inc. v. Bd. of Regents of the Univ. of Wis. Sys. (In re Univ. of Wis. Oshkosh Found., Inc.), 592 B.R. 216 (Bankr. E.D. Wis. 2018).

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Univ. of Wis. Oshkosh Found., Inc. v. Bd. of Regents of the Univ. of Wis. Sys. (In re Univ. of Wis. Oshkosh Found., Inc.), 592 B.R. 216 (Bankr. E.D. Wis. 2018). · cites it 2× “14 was "ensuring that the debt incurred under Bond Board procedures would be honored as public debt and entitled to the protection of the pledge that Wis. Stat. § 18.12 makes-that such debt is protected by the full faith and credit of the state.”

Eagle Cove Camp & Conf. Ctr., Inc. v. Oneida Cnty. Bd. of Adjustment (Wis. Ct. App. 2019). “12 Eagle Cove explains that this claim is based upon the statements officials made, when rejecting the rezoning application, to the effect that most of Eagle Cove’s stated objectives could be achieved through a CUP. Eagle Cove believes it was denied procedural due process when…”

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