Wyoming § 15-6-437 - Bonds; revolving fund authorized; source of monies; limitation.
Full text of Wyoming Wyoming Statutes Annotated § 15-6-437 — Bonds; revolving fund authorized; source of monies; limitation., with citation guidance and answers to common questions.
§ 15-6-437. Bonds; revolving fund authorized; source of monies; limitation.
If the governing body determines that improvements constructed in any local improvement district confer general benefits on the city or town, it may create concurrently a fund to be known as the revolving local improvement fund. In payment for those benefits and to meet the financial requirements of the revolving fund, the city or town shall advance annually to the credit of the fund from the proceeds of city or state gasoline or state cigarette license taxes collected or received by it, a sum of not less than two percent (2%) of the total amount of the bonds issued for the local improvement district for a period of ten (10) years or for the length of time necessary to pay all bonds issued, whichever is the shorter. The fund shall not exceed twenty percent (20%) of the outstanding bond obligations of the district.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 15-6-437
What does Wyoming Statutes Annotated § 15-6-437 cover?
Section 15-6-437 ("Bonds; revolving fund authorized; source of monies; limitation.") 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 § 15-6-437?
A common citation format is "Wyoming Statutes Annotated § 15-6-437" (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 § 15-6-437 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.