Wisconsin Administrative Code
Department of Transportation
Chapter Trans 54 - Advance land acquisition loan program for airports
Section Trans 54.07 - Ownership and property management
Universal Citation: WI Admin Code ยง Trans 54.07
Current through February 26, 2024
(1) Title to the land or any property interest acquired through this program shall be held by the sponsor, but the department may retain a security interest in the land until the loan is repaid.
(2) Land or improvements, acquired as uneconomic remnants or to minimize severance damage, may be disposed of by the sponsor.
(3) Building sites or other improvements on the land may be cleared by the sponsor before development or prior to the disposition of unneeded segments.
Disclaimer: These regulations may not be the most recent version. Wisconsin may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.