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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A district may borrow money and issue the following securities to evidence such borrowing:
(i) Short-term notes;
(ii) General obligation bonds and other like securities;
(iii) Revenue bonds and other like securities; and
(iv) Special assessment bonds and other like securities.
(b) Any such securities of a district shall be exempt from taxation when owned by actual residents of the state, provided, that the owner or owners thereof shall list the same annually on their assessment schedule, as from time to time amended and supplemented.
Cite this article: FindLaw.com - Wyoming Statutes Title 41. Water § 41-10-124. Authority of district to borrow money; types of securities permitted to evidence borrowing; exemption of securities from taxation - last updated January 01, 2024 | https://codes.findlaw.com/wy/title-41-water/wy-st-sect-41-10-124/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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