Wyoming Statutes

§ 24-11-101 — Special obligation loans

Wyoming § 24-11-101
JurisdictionWyoming
Title 24Highways
Ch. 11LOANS TO TRANSPORTATION COMMISSION

This text of Wyoming § 24-11-101 (Special obligation loans) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wyo. Stat. Ann. § 24-11-101 (2026).

Text

The Wyoming transportation commission, a public instrumentality of the state of Wyoming, may borrow money from the Wyoming community development authority. Borrowing shall be evidenced by a special obligation loan or loans bearing interest at a rate or rates not exceeding ten percent (10%) per annum. Any such special obligation loan shall not constitute a debt nor an indebtedness within the meaning of any constitutional or statutory debt limitations. The proceeds of each special obligation loan shall be used for the purpose of constructing or otherwise acquiring highway facilities which become necessary by reason of the location and expansion of mineral extractive industries and other industrial developments in the state.

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Bluebook (online)
Wyoming § 24-11-101, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/11/24-11-101.