Wyoming § 22-29-406 Power of trustees to convey assets

Wyoming Statutes

§ 22-29-406 — Power of trustees to convey assets

Wyoming § 22-29-406

Title 22Elections

Ch. 29SPECIAL DISTRICT ELECTIONS ACT

Art. 4DISSOLUTION

This text of Wyoming § 22-29-406 (Power of trustees to convey assets) 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. § 22-29-406 (2026).

Text

(a)The board of trustees may convey to another district all assets of the dissolving district:

(i)If the other district assumes all debts and obligations of the dissolving district and undertakes to continue to furnish the service provided by the dissolving district pursuant to the plan of dissolution and liquidation; and

(ii)If the written consent of all the known holders of valid indebtedness against the district has been obtained, or provision has been made in the plan for payment of the nonconsenting holders.

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(a) The board of trustees may convey to another district
all assets of the dissolving district:
(i) If the other district assumes all debts and
obligations of the dissolving district and undertakes to
continue to furnish the service provided by the dissolving
district pursuant to the plan of dissolution and liquidation;
and
(ii) If the written consent of all the known holders
of valid indebtedness against the district has been obtained, or
provision has been made in the plan for payment of the
nonconsenting holders.