§ 36-9-110 — Certificate of purchase; conversion of outstanding certificates; fee

Wyoming § 36-9-110

• Jurisdiction: Wyoming
• Title 36: Public Land
• Ch. 9: SALE OF STATE LANDS

Text

(a) Any certificate of purchase of state or school land
issued and outstanding when this act takes effect may be
converted into an amortization certificate on the plan set forth
in this act at the request of the holder of said certificate of
purchase, and with the consent of the state board of land
commissioners; provided, however, that any certificate holder
converting said certificate as herein provided shall pay
interest on future payments at the rate of four and one-quarter
percent (4 1/4%) per annum and six percent (6%) per annum on all
amounts not paid when due.
(b) The director shall collect in addition to the fees
provided by law the sum of two dollars ($2.00) to be used by him
for expenses incidental with transfers as made optional by this
act for supplies, extra clerk hire, etc., and any unused portion
of same shall be paid to the state treasurer at such time as all
transfers have been made.