Wyoming § 21-17-423 Securities not affected by validity of project;
purchaser not responsible as to application of proceeds

Wyoming Statutes

§ 21-17-423 — Securities not affected by validity of project; purchaser not responsible as to application of proceeds

Wyoming § 21-17-423

Title 21Education

Ch. 17UNIVERSITY OF WYOMING

Art. 4CAPITAL CONSTRUCTION PROJECTS

This text of Wyoming § 21-17-423 (Securities not affected by validity of project; purchaser not responsible as to application of proceeds) 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. § 21-17-423 (2026).

Text

(a)The validity of any securities shall not be dependent on nor affected by the validity or regularity of any proceedings relating to a project or the proper completion of any purpose for which the securities are issued.

(b)The purchaser or purchasers of the securities are not responsible for the application of the proceeds of the securities by the board or any officers, agents and employees of the board or the university, or of both.

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(a) The validity of any securities shall not be dependent
on nor affected by the validity or regularity of any proceedings
relating to a project or the proper completion of any purpose
for which the securities are issued.
(b) The purchaser or purchasers of the securities are not
responsible for the application of the proceeds of the
securities by the board or any officers, agents and employees of
the board or the university, or of both.