Wyoming Statutes

Wyo. Stat. § 41-10-127 (2026)

Maximum aggregate amount of bonds or other

✓ current as of May 2026

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evidences of indebtedness.

The aggregate amount of bonds or other evidences of indebtedness
shall not exceed six percent (6%) of the assessed value of the
taxable property within the district as shown by the last
preceding general assessment; provided, however, that in
determining the amount of indebtedness, there shall not be
included within the computation, bonds or other evidences of
indebtedness outstanding or authorized to be issued for
supplying water to the district, short-term notes, special
assessment securities, or securities payable solely from the net
revenues of an income-producing system or other project.

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 7× “[T38] Mountain Cement also takes issue with the district court's interpretation of § 41-10-127 as granting authority to the District to issue general obligation bonds for the purpose of supplying water to the District.”

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