Wyoming § 41-9-503 - Securing of district indebtedness due to contract.
Full text of Wyoming Wyoming Statutes Annotated § 41-9-503 — Securing of district indebtedness due to contract., with citation guidance and answers to common questions.
§ 41-9-503. Securing of district indebtedness due to contract.
The commissioners may secure the indebtedness incurred by the district in such contract as provided for in W.S. 41-9-502, by issuing bonds of the district in such form, terms and denominations as may be fixed by the secretary of the interior in carrying out the provisions of any act of congress heretofore or hereafter enacted providing for or permitting such a contract on the part of the United States and the acceptance and deposit or sale of bonds of the district by the United States; said bonds may be delivered to the United States and held by it or, when deemed desirable or when the appraised value of the land in the district is double the bonded indebtedness, sold by the United States, and the net proceeds received from the sale of said bonds applied to the liquidation of the contract indebtedness of the district to the United States.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 41-9-503
What does Wyoming Statutes Annotated § 41-9-503 cover?
Section 41-9-503 ("Securing of district indebtedness due to contract.") 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 § 41-9-503?
A common citation format is "Wyoming Statutes Annotated § 41-9-503" (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 § 41-9-503 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.