Wyoming § 15-6-416 Assessments; property held in trust; creation
and discharge thereof

Wyoming Statutes

§ 15-6-416 — Assessments; property held in trust; creation and discharge thereof

Wyoming § 15-6-416

Title 15Cities and Towns

Ch. 6LOCAL IMPROVEMENTS

Art. 4ASSESSMENTS AND BONDS GENERALLY

This text of Wyoming § 15-6-416 (Assessments; property held in trust; creation and discharge thereof) 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. § 15-6-416 (2026).

Text

If any property is bid in by or stricken off to any city or town
under any proceeding of this chapter, the property shall be held
in trust by the city or town for the fund of the improvement
district for which the assessment was levied to the extent of
the assessment or installment for which the property was sold,
with penalty, accrued interest and interest on the installment
to time of next call for bonds or warrants. The city or town,
at any time after receiving a deed, may pay the fund the amount
of the delinquent assessment for which the property was sold and
all accrued interest and interest to the time of the next call
for bonds or warrants issued against the assessment fund at the
rate provided, and thereupon take and hold the property
discharged of the trust.

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If any property is bid in by or stricken off to any city or town
under any proceeding of this chapter, the property shall be held
in trust by the city or town for the fund of the improvement
district for which the assessment was levied to the extent of
the assessment or installment for which the property was sold,
with penalty, accrued interest and interest on the installment
to time of next call for bonds or warrants. The city or town,
at any time after receiving a deed, may pay the fund the amount
of the delinquent assessment for which the property was sold and
all accrued interest and interest to the time of the next call
for bonds or warrants issued against the assessment fund at the
rate provided, and thereupon take and hold the property
discharged of the trust.