Wyoming Statutes

Wyo. Stat. § 41-10-126 (2026)

Resolution and election prerequisite to

✓ current as of May 2026

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issuance of general obligation bonds.

No bonds or other evidences of indebtedness payable in whole or
in part from the proceeds of general (ad valorem) property taxes
or to which the full faith and credit of a district are pledged,
shall be issued, except in pursuance of a resolution, nor until
the question of their issuance shall be submitted to a vote of
the electors and approved by a majority of the qualified
taxpaying electors voting on the question and by a majority of
other qualified electors voting thereon, or, if no ballots are
cast in one (1) of the ballot boxes and a majority of the
ballots in the other ballot box favor the issuance of the bonds
or other evidences of indebtedness, approved either by a
majority of the qualified taxpaying electors voting thereon or
by a majority of the other qualified electors voting thereon at
an election held as provided for bond elections by the Political
Subdivision Bond Election Law, W.S. 22-21-101 through 22-21-112.

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). · cites it 2× “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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