Wyoming § 15-6-416 - Assessments; property held in trust; creation and discharge thereof.
Full text of Wyoming Wyoming Statutes Annotated § 15-6-416 — Assessments; property held in trust; creation and discharge thereof., with citation guidance and answers to common questions.
§ 15-6-416. Assessments; property held in trust; creation and discharge thereof.
If any property is bid in by or stricken off to any city or town under any proceeding of this chapter, the property shall be held in trust by the city or town for the fund of the improvement district for which the assessment was levied to the extent of the assessment or installment for which the property was sold, with penalty, accrued interest and interest on the installment to time of next call for bonds or warrants. The city or town, at any time after receiving a deed, may pay the fund the amount of the delinquent assessment for which the property was sold and all accrued interest and interest to the time of the next call for bonds or warrants issued against the assessment fund at the rate provided, and thereupon take and hold the property discharged of the trust.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 15-6-416
What does Wyoming Statutes Annotated § 15-6-416 cover?
Section 15-6-416 ("Assessments; property held in trust; creation and discharge thereof.") is part of the Wyoming Statutes Annotated, the codified statutory law of Wyoming. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wyoming § 15-6-416?
A common citation format is "Wyoming Statutes Annotated § 15-6-416" (Wyoming). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wyoming law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wyoming official source linked on this page or consult a licensed Wyoming attorney.
How does Wyoming § 15-6-416 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wyoming can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wyoming.