Wyoming § 15-7-103 - Borrowing and issuance of bonds; recreational facilities.
Full text of Wyoming Wyoming Statutes Annotated § 15-7-103 — Borrowing and issuance of bonds; recreational facilities., with citation guidance and answers to common questions.
§ 15-7-103. Borrowing and issuance of bonds; recreational facilities.
A city or town may borrow money and issue coupon bonds in an amount which, together with the municipal indebtedness, but not including sewerage, water supply and school bonds, does not exceed four percent (4%) of the assessed valuation of the city or town to acquire, lease, purchase, equip, construct, develop, improve or enlarge public recreational facilities. The bonds shall be in the denomination of one hundred dollars ($100.00), or multiples thereof and bear interest payable semiannually at a rate, at a place and in the manner the governing body provides. The bonds shall be in a serial form with last maturity not more than twenty (20) years after the date of issue and are redeemable at the option of the city or town at a time to be designated by the governing body as provided in W.S. 16-5-302.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 15-7-103
What does Wyoming Statutes Annotated § 15-7-103 cover?
Section 15-7-103 ("Borrowing and issuance of bonds; recreational facilities.") 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 § 15-7-103?
A common citation format is "Wyoming Statutes Annotated § 15-7-103" (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 § 15-7-103 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.