Wyo. Stat. § 35-2-403 (2026)

generally; rules and regulations of trustees; definitions of
certain terms.

     (a) Each district is a body corporate, the name of which
shall be selected by the board of county commissioners of the
county in which the greater area of land within the district is
located and which shall be entered upon the commissioner's
records. In the name selected, the district may hold property
and be a party to contracts, shall have power to sue and be
sued, shall be empowered through its governing board to acquire
real and personal property and equipment for hospital purposes
by gift, devise, bequest or purchase, and enter into contracts
for the acquisition by purchase or lease of real and personal
property and equipment and convey, lease and otherwise dispose
of its property for the hospital. The trustees may make rules
and regulations necessary for the purposes of the hospital
district and shall file them with the county clerk for each
county in which the district is located, and establish sinking
funds for hospital purposes as well as issue bonds for the
purchase of real property and improvements and equipment for
hospital purposes in the manner hereinafter provided.

    (b)   As used in this act:

          (i) "Hospital" and "hospital purposes" means any
institution, place, building or agency in which any
accommodation is maintained, furnished or offered for the
hospitalization of the sick or injured or care of any person
requiring or receiving chronic or convalescent care or emergency
medical services, and includes public health centers, community
mental health centers and other types of hospitals and centers,
including but not limited to general, tuberculosis, mental and
chronic disease hospitals, and also medical facilities, and
related facilities;

          (ii) "Medical facilities" includes but is not limited
to diagnostic or treatment centers, rehabilitation facilities
and nursing homes, as those terms are defined in the Federal Act
Public Law 482, 83 congress, July 12, 1954 (C. 471, Sec. 4
(c)-(f), 68 Stat. 465-466), as amended;

          (iii) "Related facilities" means but is not limited
to laboratories, outpatient departments, nurses' homes and
nurses' training facilities and central service facilities
operated in connection with hospitals.

     (c) In addition to subsection (a) of this section, each
district may engage in activities authorized under:

          (i) W.S. 18-8-301 subject to requirements and
conditions specified therein;

          (ii) W.S. 35-2-1202(a) for the purpose of providing
senior health care as defined in W.S. 35-2-1201(b). This
paragraph shall not be construed to authorize an increase to the
district mill level beyond the limits established in W.S. 35-2-
414.

     (d) Subject to constitutional limitations, in addition to
any other securities the legislature authorizes or has
authorized by law for investment, any funds of the district may
be invested by the board in any security which has been
recommended by an investment advisor registered under the
Uniform Investment Advisor's Act of 1940 as amended, or any bank
exercising its trust powers, and approved by the district board.
In approving securities for the investment under this
subsection, the board shall be subject to and act in accordance
with the provisions of the Wyoming Uniform Prudent Investor Act.
The provisions of this subsection shall not be construed to
authorize the use of any revenues generated from taxes to engage
in any activity authorized under W.S. 18-8-301(a).