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Wis. Stat. §
969.12 provides that no surety can be compensated for serving as a surety, effectively
eliminating the commercial bond market.
See Kahn v. McCormack, 299 N.W. 2d 279 (Ct. App. 1980)(upholding
constitutionality of statute and stating that purpose of the law is eliminate
the commercial bond industry). |