Wyoming § 21-18-315 Bond issues; refunding

Wyoming Statutes

§ 21-18-315 — Bond issues; refunding

Wyoming § 21-18-315

Title 21Education

Ch. 18COMMUNITY COLLEGES

Art. 3COMMUNITY COLLEGE DISTRICTS

This text of Wyoming § 21-18-315 (Bond issues; refunding) 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. § 21-18-315 (2026).

Text

(a)Any bonds issued by any community college district may be refunded, without an election, by the district which issued the bonds, in the name of the district, but subject to the provisions concerning their payment and to any other contractual limitations in the proceedings authorizing their issuance or otherwise appertaining thereto, for any of the following purposes:

(i)To extend the maturities of outstanding bonds for which payment is in arrears, or which there is not, or it is certain that there will not be, sufficient money to pay the principal or interest on outstanding bonds as due;

(ii)To reduce interest costs or effecting other economies;

(iii)To reorganize all or any part of the outstanding bonds of the district in order to equalize tax levies;

(iv)To refund any bonds which

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(a) Any bonds issued by any community college district may
be refunded, without an election, by the district which issued
the bonds, in the name of the district, but subject to the
provisions concerning their payment and to any other contractual
limitations in the proceedings authorizing their issuance or
otherwise appertaining thereto, for any of the following
purposes:
(i) To extend the maturities of outstanding bonds for
which payment is in arrears, or which there is not, or it is
certain that there will not be, sufficient money to pay the
principal or interest on outstanding bonds as due;
(ii) To reduce interest costs or effecting other
economies;
(iii) To reorganize all or any part of the
outstanding bonds of the district in order to equalize tax
levies;
(iv) To refund any bonds which were issued payable
from a limited mill levy.