Wis. Stat. » CHAPTER 34 — PUBLIC DEPOSITS
Wisconsin Statutes

Wis. Stat. § 34.06 (2026)

Liability of treasurers

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34.0634.06 Liability of treasurers. Notwithstanding any other provision of law, a treasurer who deposits public moneys in compliance with s. 34.05 is thereby relieved of liability for any loss of public moneys which results from the failure of any depository to repay the public depositor the full amount of its deposits thus causing a loss as defined in s. 34.01 (2).
34.06 HistoryHistory: 1983 a. 189 s. 329 (21); 1985 a. 25; 2011 a. 204.
34.06 AnnotationLegislative Council Note, 1985: This section is amended to retain the immunity to liability for treasurers of public depositors who comply with s. 34.05. This section is amended to remove references to bonds or security since this bill amends s. 34.07 to permit a public depositor to require a bond or other security for public deposits. Further, this section is amended to shorten the listing of treasurers by making use of the defined term in s. 34.01 (7). In making use of the term “treasurer”, this subsection specifically includes the treasurer (or clerk, in the case of a court) of:
34.06 AnnotationA cooperative educational service agency.
34.06 AnnotationAny court of Wisconsin.
34.06 AnnotationA corporation organized under s. 39.33, by the Wisconsin higher educational aids board, to provide for a guaranteed student loan program.
34.06 AnnotationThe housing and economic development authority.
34.06 AnnotationThe bodies listed above are included in the definition of “public depositor” in s. 34.01 (4), but are not listed in current s. 34.06. [85 Act 25]
Notes of Decisions
Cited in 1 case, 2018–2018 · leading case: Lipscomb v. Abele, 2018 WI App 58, 918 N.W.2d 434.
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Lipscomb v. Abele, 2018 WI App 58, 918 N.W.2d 434. · cites it 7× “§ 34.06, which requires the county comptroller to take actions that include verifying payrolls for county employees, is invalid under the day-to-day control provision.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.