§ 35-8-203 — Bond issue; purposes for which issue authorized; denominations, form, interest and issuance

An incorporated city or town in the state of Wyoming is
authorized, for the purpose of providing funds for purchasing
and improving lands for cemetery purposes, to borrow money and
to issue negotiable coupon bonds of the city or town in an
amount not exceeding at one (1) time two percent (2%) of the
assessed value of the city or town. The bonds shall be of the
denominations as the city or town council shall determine, which
bonds shall be numbered consecutively from one (1) upward,
payable in thirty (30) years from date of issue, and redeemable
at the pleasure of the city or town after ten (10) years, and
shall bear interest at a rate determined by the city or town
council. The bonds when issued shall be signed by the mayor and
countersigned by the clerk and the treasurer of the city or town
but the bonds shall not be sold for less than their par value.