Wyoming § 16-6-114 - Contractor's performance and payment bond or other guarantee; requiring new or additional bond or other guarantee; failure to furnish.
Full text of Wyoming Wyoming Statutes Annotated § 16-6-114 — Contractor's performance and payment bond or other guarantee; requiring new or additional bond or other guarantee; failure to furnish., with citation guidance and answers to common questions.
§ 16-6-114. Contractor's performance and payment bond or other guarantee; requiring new or additional bond or other guarantee; failure to furnish.
If in its judgment any of the sureties on a bond or other form of guarantee approved by the public entity under W.S. 16-6-112 are insolvent or for any cause are no longer proper or sufficient sureties, the obligee may within ten (10) days require the contractor to furnish a new or additional bond or other approved guarantee. If ordered by the obligee, all work on the contract shall cease until a new or additional bond or other guarantee is furnished. If the guarantee is not furnished within ten (10) days, the obligee may at its option terminate the contract and complete the contract as the agent and at the expense of the contractor and his sureties.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 16-6-114
What does Wyoming Statutes Annotated § 16-6-114 cover?
Section 16-6-114 ("Contractor's performance and payment bond or other guarantee; requiring new or additional bond or other guarantee; failure to furnish.") 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 § 16-6-114?
A common citation format is "Wyoming Statutes Annotated § 16-6-114" (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 § 16-6-114 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.