Wyoming Statutes
§ 37-13-124 — Property bid in by city, town or county to be held in trust; trust discharged by payment of assessment
When any property is bid in by or stricken off to any city, town
or county the property shall be held in trust by the city, town
or county for the fund of the improvement district for which the
assessment was levied to the extent of the unpaid assessment for
which the property was sold, with penalty, and all accrued
interest and interest owed in the future. However, the city,
town or county may after receiving a deed pay the fund the
amount of the delinquent assessment for which the property was
sold, any penalties owed, and all accrued interest and interest
to the time of the next call for bonds issued against the
assessment fund at the rate provided, and thereupon take and
hold the property discharged of the trust.
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Wyoming § 37-13-124 (Property bid in by city, town or county to be held in trust; trust discharged by payment of assessment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 37-13-101
Short title§ 37-13-102
Legislative purpose§ 37-13-103
Definitions§ 37-13-104
Powers conferred§ 37-13-105
Basis of assessments§ 37-13-106
Resolution for cost and feasibility study§ 37-13-107
Costs and feasibility report§ 37-13-112
Waiver of objections§ 37-13-113
Proposed assessment list§ 37-13-114
Proposed assessment resolution§ 37-13-115
Board of equalization and review