Wyoming § 18-12-120 Bond elections; resolution for submission of
proposition to voters

Wyoming Statutes

§ 18-12-120 — Bond elections; resolution for submission of proposition to voters

Wyoming § 18-12-120

Title 18Counties

Ch. 12IMPROVEMENT AND SERVICE DISTRICTS

This text of Wyoming § 18-12-120 (Bond elections; resolution for submission of proposition to voters) 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. § 18-12-120 (2026).

Text

(a)By resolution of its board a district may submit to its qualified voters, by mail ballot or at an election on a date authorized under W.S. 22-21-103, as determined by the board of county commissioners, the proposition of issuing bonds pursuant to this act to provide funds for the acquisition, construction, improving or financing of improvements as well as performing services for the benefit of the residents of the district, including any or all expenses incidental thereto or connected therewith.

(b)Notwithstanding subsection (a) of this section and the provisions of W.S. 22-21-101 through 22-21-112, any document executed by the board of a district evidencing an agreement to repay funds borrowed from the United States of America, the state of Wyoming or from any subdivision, agency or

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(a) By resolution of its board a district may submit to
its qualified voters, by mail ballot or at an election on a date
authorized under W.S. 22-21-103, as determined by the board of
county commissioners, the proposition of issuing bonds pursuant
to this act to provide funds for the acquisition, construction,
improving or financing of improvements as well as performing
services for the benefit of the residents of the district,
including any or all expenses incidental thereto or connected
therewith.
(b) Notwithstanding subsection (a) of this section and the
provisions of W.S. 22-21-101 through 22-21-112, any document
executed by the board of a district evidencing an agreement to
repay funds borrowed from the United States of America, the
state of Wyoming or from any subdivision, agency or department
of either the United States or the state of Wyoming, shall not
be considered a bond, and shall not require an election under
this chapter when:
(i) Repayment is to be made solely from revenues
generated by the service with which a financed improvement or
service is associated; and
(ii) Security for the loan or borrowed funds is
restricted to a claim on the revenues generated from the service
or to a claim on the assets of the improvement or service.