Wyoming Statutes

Wyo. Stat. § 15-1-701 (2026)

Definitions; vesting of powers and privileges.

✓ current as of May 2026

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(a)   As used in this article:

           (i)    "Mortgage" means any security device;

          (ii) "Project" means any land, building, pollution
control facility or other improvement and all necessary and
appurtenant real and personal properties, whether or not in
existence, suitable for manufacturing, industrial, commercial or
business enterprises, for health care facilities or for
manufacturing, processing or assembling agricultural or
agricultural-related products. "Project" may also mean an
undivided interest as a tenant in common in an electrical
generating facility or in pollution control facilities in
connection therewith. "Project" may also mean an energy
improvements program;

          (iii) "Property" means real or personal property, or
any interest in property, including any undivided interest as a
tenant in common in an electrical generating facility or in
pollution control facilities in connection therewith;

          (iv) "Energy improvements program" means a program
authorizing energy efficiency or renewable energy improvements
in a program adopted by a municipality, county or joint powers
board.

     (b) In order to facilitate and promote the local health
and general welfare, the sound economic growth of the state of
Wyoming, the development of its natural resources, the
protection of its natural environment, the expansion of
agricultural and agricultural-related industries, the provision
of health care services, energy improvements and to promote
employment opportunities for the citizens of Wyoming by creating
or encouraging the expansion of manufacturing, industrial
plants, processing facilities and all kinds of business, which
contribute payrolls and tax base to the state of Wyoming, and by
attracting to and encouraging the location or the expansion
within this state of such plants, facilities and businesses, all
of which are hereby declared to be and constitute public
purposes, the counties and municipalities of the state of
Wyoming are vested with the powers and privileges hereafter set
forth in this article.

Notes of Decisions

Cited in 4 cases, 1983–1991 · leading case: Holding's Little Am. v. Bd. of Cnty. Commissioners of Laramie Cnty., 670 P.2d 699 (Wyo. 1983).

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Holding's Little Am. v. Bd. of Cnty. Commissioners of Laramie Cnty., 670 P.2d 699 (Wyo. 1983). · cites it 3× “Municipalities and counties are authorized to issue IDR bonds under §§ 15-1-701 through 15-1-710, W.S.1977. In order to issue the bonds, the factors required in § 15-1-705, W.”

Foster's Inc. v. City of Laramie, 718 P.2d 868 (Wyo. 1986). · cites it 3× “parking facilities or storage or training facilities directly related to any other facility specified under this paragraph; "(E) Industrial park facilities; "(F) Sewage or solid waste disposal facilities; "(G) Facilities furnishing electric energy, gas or water; "(H) Any other…”

Kautza v. City of Cody, 812 P.2d 143 (Wyo. 1991). “40-4-107; that defendants had formed a monopoly; that defendants entered into a conspiracy to restrain trade; that defendants unfairly operated the miniature golf course at a loss to the plaintiffs detriment; that defendants denied the plaintiffs equal protection; and that…”

Holding's Little Am. v. Bd. of Cnty. Commissioners of Laramie Cnty., 712 P.2d 331 (Wyo. 1985). “We do not hold that this project could never qualify for IDR bonds under §§ 15-1-701 through 15-1-710, W.S.1977. We only hold that there was no evidence before the Board which was contained in this record on appeal from which it could make the determinations and findings…”

— Wyo. Stat. § 15-1-701(a)(ii) — 1 case

Foster's Inc. v. City of Laramie, 718 P.2d 868 (Wyo. 1986). “parking facilities or storage or training facilities directly related to any other facility specified under this paragraph; "(E) Industrial park facilities; "(F) Sewage or solid waste disposal facilities; "(G) Facilities furnishing electric energy, gas or water; "(H) Any other…”

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