Wyoming § 36-9-108 "Amortization plan" defined

Wyoming Statutes

§ 36-9-108 — "Amortization plan" defined

Wyoming § 36-9-108

Title 36Public Land

Ch. 9SALE OF STATE LANDS

This text of Wyoming § 36-9-108 ("Amortization plan" defined) 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. § 36-9-108 (2026).

Text

The amortization plan is hereby defined, when applied to state
land contracts or certificates, as being that plan under which
part of the principal is required to be paid each time interest
becomes due and payable, and under which this part payment on
the principal increases at each succeeding installment in the
same amount that the interest payment decreases, so that the
combined amount due on principal and interest on each due date
remains the same until the loan is paid in full.

Free access — add to your briefcase to read the full text and ask questions with AI

The amortization plan is hereby defined, when applied to state
land contracts or certificates, as being that plan under which
part of the principal is required to be paid each time interest
becomes due and payable, and under which this part payment on
the principal increases at each succeeding installment in the
same amount that the interest payment decreases, so that the
combined amount due on principal and interest on each due date
remains the same until the loan is paid in full.