Wyoming § 15-9-128 Investment of funds in bonds authorized; duty of
care

Wyoming Statutes

§ 15-9-128 — Investment of funds in bonds authorized; duty of care

Wyoming § 15-9-128

Title 15Cities and Towns

Ch. 9URBAN RENEWAL

Art. 1URBAN DEVELOPMENT

This text of Wyoming § 15-9-128 (Investment of funds in bonds authorized; duty of care) 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. § 15-9-128 (2026).

Text

(a)Anyone carrying on a banking or investment business or an insurance business and all fiduciaries may legally invest any monies or other funds belonging to them or within their control in any bonds or other obligations issued by a municipality pursuant to this chapter.

(b)It is the purpose of this section to authorize any persons, political subdivisions and officers, public or private, to use any funds owned or controlled by them for the purchase of any such bonds or other obligations.

(c)Nothing contained in this section with regard to legal investments shall be construed as relieving any person of any duty of exercising reasonable care in selecting securities.

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(a) Anyone carrying on a banking or investment business or
an insurance business and all fiduciaries may legally invest any
monies or other funds belonging to them or within their control
in any bonds or other obligations issued by a municipality
pursuant to this chapter.
(b) It is the purpose of this section to authorize any
persons, political subdivisions and officers, public or private,
to use any funds owned or controlled by them for the purchase of
any such bonds or other obligations.
(c) Nothing contained in this section with regard to legal
investments shall be construed as relieving any person of any
duty of exercising reasonable care in selecting securities.