Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 37-7-119 - Assessment for Construction; Time of Payment; Interest — Wyoming Law | CourtGPT
  1. Home/
  2. Laws/
  3. Wyoming/
  4. Title 37 - Public Utilities/
  5. Chapter 7 - Power Districts/
  6. Article 1 - in General/
  7. Section 37-7-119 - Assessment for Construction; Time of Payment; Interest
Wyoming Legal Code

Section 37-7-119 - Assessment for Construction; Time of Payment; Interest

Ask AI about this
37-7-119. Assessment for construction; time of payment; interest. At the time of the confirmation of such assessments, it shall be competent for the court to order the assessment for construction to be paid in not more than twenty (20) installments, of such amounts and at such times as will be convenient for the accomplishment of the proposed work, or for the payment of principal and interest of such notes or bonds of said district, as the court shall grant authority to issue for the construction of said work. The court may also, by such order, fix a date on which the first installment of the assessments of construction shall become due, not more than five (5) years after the date of the order, and each of said installments shall draw interest at a rate not to exceed seven percent (7%) per annum from the date of said order.