Wyoming § 15-9-118 - Property acquired in project; disposition when area designated under federal provisions.
Full text of Wyoming Wyoming Statutes Annotated § 15-9-118 — Property acquired in project; disposition when area designated under federal provisions., with citation guidance and answers to common questions.
§ 15-9-118. Property acquired in project; disposition when area designated under federal provisions.
Notwithstanding any other provisions of this chapter, if the municipality is situated in an area designated as a redevelopment area under the Federal Area Redevelopment Act 42 U.S.C. 3161 et seq., land in an urban renewal project area designated under the urban renewal plan for industrial or commercial uses may be disposed of to any public body or nonprofit corporation for subsequent disposition as promptly as practicable by the public body or corporation for redevelopment in accordance with the urban renewal plan. Only the purchaser from or lessee of the public body or corporation, and their assignees, are required to assume the obligation of beginning the building of improvements within a reasonable time. Any disposition of land to a public body or corporation under this section shall be made at its fair value for uses in accordance with the urban renewal plan.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 15-9-118
What does Wyoming Statutes Annotated § 15-9-118 cover?
Section 15-9-118 ("Property acquired in project; disposition when area designated under federal provisions.") 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 § 15-9-118?
A common citation format is "Wyoming Statutes Annotated § 15-9-118" (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 § 15-9-118 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.