§ 17-18-204 — Limitations of the bondholder protection provisions

(a) Nothing in the bondholder protection provisions shall
be construed or applied to abridge or prohibit any contract,
covenant or restriction made between any corporation and its
bondholders, or any holder of any other debt instrument provided
the contract, covenant or restriction would be lawful in the
absence of W.S. 17-18-201 through 17-18-206. Unless
specifically prohibited by prior contract any eligible
corporation may extend to the holders of any bond or debt
instrument described in W.S. 17-18-201(a) the opportunity to
receive any bondholder protection provisions. If a corporation
represents to potential purchasers of bonds in any prospectus or
other written advice to potential purchasers that it has
extended or intends to extend any bondholder protection
provisions, it shall also state in the same document that the
protections may be revoked as provided by W.S. 17-18-201 through