Media Center

Attorney General J.B. Van Hollen Issues Formal Opinion Concerning a County's Authority to Exchange Surplus Funds for U.S. Gold Coins
 

MADISON — Attorney General J.B. Van Hollen today issued a formal opinion to Langlade County Corporation Counsel Robin J. Stowe concerning a county’s authority to exchange surplus funds for U.S. gold coins.  Van Hollen concluded that section 66.0603 of the Wisconsin Statutes provides the authorized list of investments that a county can make with county funds, and the statute does not authorize an investment in U.S. gold coins.

 

A copy of the Attorney General's opinion is available at the following link:

Opinion

 

A copy of the opinion request is available at the following link:

Request

 

Formal and informal opinions issued by Attorney General Van Hollen are available at:

Attorney General Opinions