Wyoming Statutes
§ 11-34-116 — Agreement to use loans for purposes specified; reappraisement and additional loan
Wyoming § 11-34-116
JurisdictionWyoming
Title 11Agriculture, Livestock and Other Animals
Ch. 34STATE LOAN AND INVESTMENT BOARD
Art. 1IN GENERAL
This text of Wyoming § 11-34-116 (Agreement to use loans for purposes specified; reappraisement and additional loan) 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. § 11-34-116 (2026).
Text
(a)Every borrower who is granted a loan under this act
shall enter into an agreement with the board that if the whole
or any portion of his loan is expended for purposes other than
those specified in his original application, or if the borrower
is in default in respect to any condition or covenant of the
mortgage, or in case the mortgagor, his heirs or assigns abandon
the land for one (1) year, or if the board at any time believes
that the loan is not adequately secured by reason of any
mismanagement, waste or neglect of the land, the loan at the
option of the board shall become due and payable forthwith. The
board may permit the loan to be used for any purpose specified
in W.S. 11-34-109.
(b)A reappraisement may be permitted at any time by the
board and an additional loan may be granted
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Nearby Sections
15
§ 11-34-101
Definitions§ 11-34-104
Seal; design§ 11-34-105
Chief executive officer; powers and duties§ 11-34-106
Legal advisor§ 11-34-107
Quorum; loan; votes required; record§ 11-34-109
Purposes for which loans authorized§ 11-34-113
Terms and conditions of loans§ 11-34-115
Minimum and maximum amount of loansCite This Page — Counsel Stack
Bluebook (online)
Wyoming § 11-34-116, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/34/11-34-116.