Wyoming § 15-6-433 Bonds; action for nonpayment

Wyoming Statutes

§ 15-6-433 — Bonds; action for nonpayment

Wyoming § 15-6-433

Title 15Cities and Towns

Ch. 6LOCAL IMPROVEMENTS

Art. 4ASSESSMENTS AND BONDS GENERALLY

This text of Wyoming § 15-6-433 (Bonds; action for nonpayment) 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. § 15-6-433 (2026).

Text

If the city or town fails, neglects or refuses to pay the bonds
or to promptly collect any assessment when due, the owner of any
bonds may proceed in his own name to collect the assessments and
foreclose the lien in any court of competent jurisdiction. The
bondholder shall recover five percent (5%) in addition to the
amount and interest thereon, together with the cost of the suit.
Any number of holders of the bonds for any single improvement
may join as plaintiffs, and any number of owners of property
encumbered by the lien may be joined as defendants in the suit.

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If the city or town fails, neglects or refuses to pay the bonds
or to promptly collect any assessment when due, the owner of any
bonds may proceed in his own name to collect the assessments and
foreclose the lien in any court of competent jurisdiction. The
bondholder shall recover five percent (5%) in addition to the
amount and interest thereon, together with the cost of the suit.
Any number of holders of the bonds for any single improvement
may join as plaintiffs, and any number of owners of property
encumbered by the lien may be joined as defendants in the suit.