Wyoming Statutes

Wyo. Stat. § 41-10-125 (2026)

Borrowing money without election in

✓ current as of May 2026

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anticipation of collection of taxes; issuance of short-term
notes.

A district, upon the affirmative vote of four (4) directors, is
hereby authorized to borrow money without an election in
anticipation of the collection of taxes or other revenues and to
issue short-term notes to evidence the amount so borrowed. Such
short-term notes shall be payable from the fund for which the
money was borrowed; shall mature before the close of the fiscal
year in which the money is so borrowed; and shall not be
extended or funded except in compliance with section 26,
"general obligation bonds" of this act.

Notes of Decisions

Cited in 1 case, 2011–2011 · leading case: Mountain Cement Co. v. South of Laramie Water & Sewer Dist., 2011 WY 81 (Wyo. 2011).

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Mountain Cement Co. v. South of Laramie Water & Sewer Dist., 2011 WY 81 (Wyo. 2011). “Section 41-10-124 is followed by separate statutes detailing how each of those borrowing methods can be implemented: § 41-10-125 covers short-term notes, § 41-10-126 covers general obligation bonds, § 41-10-128 covers revenue bonds, and § 41-10-129 covers special - assessment…”

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