§ 16-5-102 — Definitions

(a) As used in this act:
(i) "Clerk" means the clerk, secretary or other
principal clerical officer of the issuer;
(ii) "Federal securities" means the bills,
certificates of indebtedness, notes, bonds, or similar
obligations which are direct obligations of, or the principal
and interest of which obligations are unconditionally guaranteed
by, the United States of America;
(iii) "Governing body" means the city council, town
council, commission, board of commissioners, board of trustees,
board of directors or other body in which the legislative powers
of the issuer are vested;
(iv) "Issuer" means the public body issuing any
refunding public security pursuant to this act;
(v) "Ordinance" means an ordinance, resolution or
other proceeding by which a governing body takes formal action
and adopts legislative provisions and matters of some
permanency;
(vi) "Public body" means any county, city, town,
school district or special district created under the laws of
this state or any other local government entity;
(vii) "Public security" means a bond, note,
certificate of indebtedness, warrant or other obligation for the
payment of money, issued by any public body of this state, or
any predecessor of any public body, which is payable, or which
may be paid, from ad valorem taxes, or which constitutes a debt
or an indebtedness within the meaning of any constitutional or
statutory limitation and bonds issued to pay for improvements in
a local improvement district and payable from special
assessments under W.S. 15-6-431 through 15-6-447, but excluding
any warrant or similar obligation payable within one (1) year
from the date of its issuance or any obligation solely payable
from a pledge of designated revenues other than ad valorem
taxes;
(viii) "Refunding public security" means a public
security which is authorized to be issued pursuant to this act;
(ix) "This act" means W.S. 16-5-101 through 16-5-119.