Wyoming § 41-10-124 Authority of district to borrow money; types of
securities permitted to evidence borrowing; exemption of
securities from taxation

Wyoming Statutes

§ 41-10-124 — Authority of district to borrow money; types of securities permitted to evidence borrowing; exemption of securities from taxation

Wyoming·Title 41 Water·Ch. 10 WATER AND SEWER DISTRICT LAW

(a)A district may borrow money and issue the following securities to evidence such borrowing:

(i)Short-term notes;

(ii)General obligation bonds and other like securities;

(iii)Revenue bonds and other like securities; and

(iv)Special assessment bonds and other like securities.

(b)Any such securities of a district shall be exempt from taxation when owned by actual residents of the state, provided, that the owner or owners thereof shall list the same annually on their assessment schedule, as from time to time amended and supplemented.

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(a) A district may borrow money and issue the following
securities to evidence such borrowing:
(i) Short-term notes;
(ii) General obligation bonds and other like
securities;
(iii) Revenue bonds and other like securities; and
(iv) Special assessment bonds and other like
securities.
(b) Any such securities of a district shall be exempt from
taxation when owned by actual residents of the state, provided,
that the owner or owners thereof shall list the same annually on
their assessment schedule, as from time to time amended and
supplemented.

Wyoming § 41-10-124 (Authority of district to borrow money; types of securities permitted to evidence borrowing; exemption of securities from taxation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.