Wyoming Statutes
§ 9-7-111 — Community development authority; revenue bonds; disposition of monies received
Wyoming·Title 09 Administration of the Government·Ch. 7 COMMUNITY DEVELOPMENT, AND SCIENCE, TECHNOLOGY·Art. 1 COMMUNITY DEVELOPMENT AUTHORITY
Monies received pursuant to the authority of this act, whether
as proceeds from the sale of bonds or as revenues, receipts or
income, shall be held as trust funds to be applied solely as
provided in the proceedings under which the bonds are
authorized. The trustee shall hold and apply the monies for the
purposes authorized by this act and by the proceedings
authorizing the bonds and included in the trust agreement
securing the bonds.
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Nearby Sections
15
§ 9-7-101
Short title§ 9-7-102
Legislative findings§ 9-7-103
Definitions§ 9-7-110
Community development authority; revenue bonds;
debt service reserve funds; use of monies therein§ 9-7-112
Exemptions from taxation; exceptions§ 9-7-113
Bonds as legal investments