Wyoming § 9-7-120 - Priorities in commitment of monies.
Full text of Wyoming Wyoming Statutes Annotated § 9-7-120 — Priorities in commitment of monies., with citation guidance and answers to common questions.
§ 9-7-120. Priorities in commitment of monies.
The authority shall require as a condition to receiving any of its money under this chapter that any mortgage lender receiving money, within the limitation imposed by the amount of money received, shall give reasonable priority to mortgage loan applications made directly to the mortgage lender by qualified, individual home purchasers, before committing any money received from the authority to contractors, builders, real estate developers or real estate agents, except to the extent the authority determines there is a need to encourage the construction of affordable housing and it is reasonable and appropriate to provide or permit commitments to alleviate such need. Any money committed by a mortgage lender to an individual home purchaser under this act may be used for the purchase of new or existing residential dwellings.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 9-7-120
What does Wyoming Statutes Annotated § 9-7-120 cover?
Section 9-7-120 ("Priorities in commitment of monies.") 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 § 9-7-120?
A common citation format is "Wyoming Statutes Annotated § 9-7-120" (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 § 9-7-120 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.