Wyoming Statutes
§ 9-4-1103 — Payment from anticipated revenues; notes do not constitute indebtedness
Wyoming·Title 09 Administration of the Government·Ch. 4 PUBLIC FUNDS·Art. 11 TAX AND REVENUE ANTICIPATION
(a)Tax and revenue anticipation notes issued under W.S.
9-4-1102 shall be payable solely from those revenues anticipated
to be but not yet received and credited to the specified funds
or accounts for the fiscal year in which the notes are issued.
Each issue of tax and revenue anticipation notes and interest
coupons pertaining to those notes, if any, shall mature in the
fiscal year issued. The owners or holders of the notes shall
not look to any other source for payment of the principal of or
any premium or interest on the notes.
(b)Tax and revenue anticipation notes issued under W.S.
9-4-1102 do not constitute an indebtedness or debt within the
meaning of the Wyoming constitution, article 16.
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Nearby Sections
15
§ 9-4-1001
Repealed by Laws 2016, ch. 110, § 2§ 9-4-1002
Repealed by Laws 2016, ch. 110, § 3§ 9-4-102
Creation of expense in excess of appropriation;
liability of officer therefor; penalty for violation§ 9-4-106
Interest on public warrants§ 9-4-107
Balancing of accounts§ 9-4-108
Crediting of investment returns§ 9-4-1101
Definitions§ 9-4-1102
Authority